Mizuho Leasing to issue ¥30 bn in new unsecured corporate bonds

Mizuho Leasing Company, Limited announced its decision to issue two series of unsecured straight corporate bonds. The 32nd series will raise 20 billion yen with an interest rate of 1.812% per annum, maturing on December 10, 2030 (a 5-year bond). The 33rd series will raise 10 billion yen at an interest rate of 2.140% per annum, maturing on December 10, 2032 (a 7-year bond). Both series will have a denomination of 100 million yen per bond, with issue and redemption prices at 100% of the denomination.

The offering period for both bonds is December 4, 2025, with the payment deadline on December 10, 2025. Interest payments will occur semi-annually on June 10 and December 10. Both bonds will be issued through a public offering in Japan, with no collateral or specific assets reserved.

Underwriters for the 32nd series include Mizuho Securities, Daiwa Securities, Nomura Securities, SMBC Nikko Securities, and Mitsubishi UFJ Morgan Stanley Securities. The 33rd series will be underwritten by Mizuho Securities, Daiwa Securities, Okasan Securities, Shinkin Securities, and SMBC Nikko Securities. Both bonds have been rated AA- by Rating and Investment Information, Inc. and Japan Credit Rating Agency, Ltd.