Mizuho Leasing to Raise ¥17 Billion via AA- Rated Unsecured Bonds

Mizuho Leasing Company, Limited ( (JP:8425) ) has issued an announcement.

Mizuho Leasing Company, Limited has resolved to issue its 34th and 35th series of unsecured straight corporate bonds, raising a total of ¥17 billion through a public offering in Japan, with no collateral or specific asset backing. The 34th bond is a five-year issue maturing in March 2031 with a coupon of 2.038%, while the 35th is a seven-year bond maturing in March 2033 at 2.343%, both priced at par and supported by a syndicate of major Japanese securities firms, and they have been assigned AA- ratings by leading domestic rating agencies, underscoring the company’s solid credit standing and access to long-term funding.

The most recent analyst rating on (JP:8425) stock is a Buy with a Yen1676.00 price target. To see the full list of analyst forecasts on Mizuho Leasing Company, Limited stock, see the JP:8425 Stock Forecast page.

More about Mizuho Leasing Company, Limited

Mizuho Leasing Company, Limited is a Japan-based financial services firm specializing in leasing and related financing solutions, and its shares are listed on the Tokyo Stock Exchange Prime Market under code 8425. The company operates within the domestic capital markets, regularly tapping public bond markets to support its funding base and sustain its leasing and financial operations.

Average Trading Volume: 333,181

Technical Sentiment Signal: Buy

Current Market Cap: Yen423.7B

For detailed information about 8425 stock, go to TipRanks’ Stock Analysis page.