Japan’s Mizuho Bank may help finance Russian Gazprom’s strategic projects

GAZPROM

Gazprom CEO Alexey Miller and Mizuho Bank Chairman Nobuhide Hayashi meet at Gazprom headquarters in Moscow, December 5, 2017.

Russian gas monopoly turns to Japan to secure financing


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Japan’s Mizuho Bank may help finance Gazprom’s strategic projects, the Russian gas giant has said.

At a working meeting in Moscow on December 5 between Gazprom CEO Alexey Miller and Mizuho Bank Chairman Nobuhide Hayashi it was noted that Mizuho Bank had been a reliable partner to Gazprom for many years, Gazprom said in a press release.

“Particular attention at the meeting was paid to further cooperation, including the possibility of securing financing for Gazprom’s strategic projects with the help of the bank,” Gazprom said.

Mizuho Bank, which is a banking unit of Mizuho Financial Group, a leading financial services group in Japan, has actively contributed to many of Gazprom’s financial operations, including deals aimed at securing corporate and project financing, as well as transactions with the Gazprom Group’s Eurobonds in capital markets.

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