Mizuho Corporate Bank develops and offers products and services, especially in the field of fund-raising, that draw on cutting-edge financial technology to support the business and financial strategies of its clients.
We offer a diverse selection of structured finance products, including structured programs of monetary claims that clients hold. We make this range of products, focused on securitization services, available to clients to respond both to their fund-raising requirements and to assist them in enhancing their financial positions.
We provide support for the real estate related financial strategies of our clients, including non-recourse loans as well as assistance and advice to accommodate new accounting principles.
We help clients increase enterprise value through M&A, business revitalization and corporate restructuring by providing sophisticated, high-level financing solutions, which include market-leading MBO⁄LBO finance for M&A and total debt restructuring, borrowing-base finance, and DIP finance for corporate restructuring and business revitalization.
Japan's market for syndicated finance expanded to JPY28.3 trillion in fiscal 2008 (according to data released by Thomson Reuters) and has grown to become one of the world's leading syndication markets, following the United States and the United Kingdom. In fiscal 2006, the Mizuho Financial Group accounted for approximately 34.0% of the domestic syndication market, No.1 share. Going forward, we plan to draw on our strong sales and syndication capabilities to meet the diverse financing requirements of our clients.
With the advantage of our top-ranking position in the market, we offer bond administrative services for corporate bonds and asset-backed securities(ABS) as a trustee⁄fiscal agent.
Project finance arrangements provide financial resources to specific projects, operated as individual business entities, and the income and cash flows of these projects are used for the repayment of the project's financial obligations. This type of financing is employed especially for resource development undertakings as well as large-scale infrastructure improvement and other projects, such as electric power plants, highways, and PFI (private finance initiative) undertakings. Drawing on the know-how of our overseas network and our syndication capabilities based on our strong presence in the domestic and international syndication markets, we are well positioned to offer financing closely tailored to client needs. In addition, in these activities, we are the first Japanese banking institution to adopt the Equator Principles, which set environmental and social standards for such projects.
As the first Japanese bank to offer arbitrage CLOs, using European and U.S. loans as their underlying collateral, Mizuho is uniquely placed to meet the needs of both domestic and overseas investors.
Currently Mizuho has two subsidiaries to provide CLO management services: Mizuho Alternative Investments, LLC ("MAI") in the United States and Mizuho Investment Management (UK) Ltd. ("MIMUK") in Europe.