April 17, 2021

RPT-Fitch Rates Mizuho’s USD Basel III Subordinated Notes Final ‘BBB’

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Fitch Ratings has assigned a final rating of ‘BBB’ to the USD1.5bn Basel III-compliant Tier 2 ten-year subordinated notes issued by Mizuho Financial Group (Cayman) 3 Limited, a wholly-owned subsidiary of Mizuho Financial Group, Inc. (Mizuho; A-/Stable). The notes are fully and unconditionally guaranteed by Mizuho on a subordinated basis. This is the first cross-border […]

Jamaica government sovereign rating upgraded, outlook stable

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KINGSTON, Jamaica — Fitch Ratings on Tuesday upgraded Jamaica’s long term foreign currency and local currency issuer default ratings (IDR) to B- from CCC. The rating agency also raised the short-term foreign currency rating from C to B and the country ceiling from B- to B. The outlook was also upgraded to “stable”. The ratings […]