Fitch Assigns F1 Rating to Mizuho Markets Cayman's Notes
Fitch Ratings has given Mizuho Markets Cayman's senior guaranteed notes an F1 short-term rating, according to a Tuesday release.
The $213.9 million notes maturing Jan. 17, 2025 and $50 million notes maturing April 25, 2025 are issued under a $10 billion medium-term note program guaranteed by Japan's Mizuho Bank.
Both Mizuho Markets Cayman and Mizuho Bank operate under Mizuho Financial Group (TYO:8411).
The guaranteed notes' rating is similar to Mizuho Bank's short-term issuer default rating, with changes in the latter to prompt similar actions on the notes, Fitch said.
Price (JPY): $2770.00, Change: $-62, Percent Change: -2.19%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.