Mumbai -
Mizuho Bank, Ltd. (“Mizuho”), the banking arm of Mizuho Financial Group, Inc.
(NYSE: MFG), one of the largest full-service financial institutions in the
world, and Bank of Baroda, India’s International Bank, announced a strategic
partnership to enhance collaboration across mergers and acquisitions (M&A)
financing, structured lending, cross-border financing solutions, and broader
corporate and investment banking opportunities.
The partnership
brings together Mizuho’s extensive global network, cross-border capabilities,
and expertise in structured finance with Bank of Baroda’s strong domestic
franchise, deep corporate relationships, and comprehensive understanding of the
Indian market.
Focus Areas
Under this
partnership, Mizuho and Bank of Baroda will
collaborate on transactions covering
(a) Acquisition Finance including joint origination, structuring,
co-underwriting & syndication
(b) M&A Advisory on identified deals (c) Forming preferred-partner
channel for sub-participation and secondary risk distribution (d) Ancillary
banking services such as cooperation in global market products for foreign
exchange & interest rate hedging and escrow services in related
transactions and (e) Capacity building through the exchange of best practices
in acquisition finance underwriting, structuring and inter-creditor
arrangements etc.
Shri Lalit
Tyagi, Executive Director, Bank of Baroda said: “India
is witnessing a strong wave of domestic consolidation across sectors driven by
scale, competitiveness, energy transition, digital transformation and
infrastructure-led growth. As corporates increasingly pursue mergers,
acquisitions and strategic investments to strengthen their market position,
there is a growing need for sophisticated financing and advisory solutions.
Through this partnership with Mizuho Bank, we aim to create a robust platform to
support domestic and cross-border M&A opportunities, by combining Bank of
Baroda's deep corporate relationships and market insights with Mizuho's global
expertise and sectoral knowledge. We will be well positioned to deliver comprehensive
solutions across acquisition finance, syndicated lending, structured finance,
and strategic advisory, supporting our clients growth aspirations and
contributing to India’s evolving corporate and investment ecosystem.”
Piyush
Agarwal, Senior Managing Director & India Co-country Head, Mizuho Bank said: “Mizuho views India as a long-term strategic growth engine
and core pillar for its international expansion. Mizuho is one of Japan’s
premier financial institutions and a leading acquisition finance and M&A
advisory platform across the globe. It has a deep understanding of India’s
corporate and financial sector with a 30-year presence in the country. Mizuho
considers India a key geography for future growth. Our relationship with Bank
of Baroda has been built on trust, collaboration and a common vision of growth
while focusing on supporting two major national economies. The MoU will further
pave a path for joint development with evaluation of cross-border structuring,
syndication, and underwriting of acquisition transactions while relying on
capabilities of each other.”