RAIZBZ 5.30 01/20/27 $100.05 ~T+152 G+144

RAIZBZ 6.45 03/05/34 $99.88 ~T+222 G+232

RAIZBZ 5.70 01/17/35 $93.84 ~T+233 G+236

RAIZBZ 6.70 02/25/37 $98.34 ~T+265 G+256

$400m [Scotiabank Peru S.A.A.] (BNSCN) 144A / Reg S 10.25NC5 (10/1/35; reset date: 10/1/30) Subordinated Tier 2 notes. Issuer ratings: Baa1/NR/A-; issue ratings: Baa2/NR/BBB. SCOT(B&D) global coordinator, GS. UOP: GCP. Next Interest Payment Date: 10/1/25. Interest Payment Dates: semi-annually in arrears on April 1 and October 1 of each year, commencing on 10/1/25. Early Redemption: At the option of the Bank, with the prior approval of the Superintendencia de Banca y Seguros (“SBS”), on any date between year 5 (the “First Call Date”) and year 5.25 (the “Reset Date”), in whole or in part, at par plus accrued and unpaid interest. Thereafter, at the option of the Issuer, with the prior approval of the SBS, in whole or in part, subject to make-whole premium. Upon the occurrence of a Tax Event or a Regulatory Event, at any time with the prior approval of the SBS, in whole but not in part, at par plus accrued and unpaid interest. Coupon Reset: From the issuance date through the Reset Date, the Notes will bear interest at a fixed-rate coupon. On the Reset Date, the coupon of the Notes will reset to a fixed-rate per annum equal to the sum of (i) the then prevailing U.S. Treasury yield, plus (ii) the spread equal to the original credit spread of the Notes. Loss Absorption: In the case of an Intervention by the SBS or the Liquidation of the Bank, the SBS will, when applicable, use: (i) accrued and unpaid interest payable under the Notes and (ii) the unpaid principal amount of the Notes, in that order and on a prorated basis and pari passu among them, to absorb losses of the Bank. Any losses of the Bank would be absorbed (i) first, by all elements of Tier 1 Capital, (ii) second, by equity instruments that qualify as Tier 2 Capital and (iii) third, by subordinated debt qualifying as Tier 2 Capital (such as the notes), in that order. Expected Listing: Singapore Stock Exchange. Governing Law: New York Law (for indenture and Notes) and Peruvian Banking Law and the regulations promulgated thereunder (for any intervention by SBS or dissolution and liquidation of the Bank). Denoms $200k x $1k. CUSIP: 144A 80928HAB9 | Reg S P8T35JAP7. ISIN: 144A US80928HAB96 | Reg S: USP8T35JAP76. S/D: 7/1. (YF)

Debut - N/A

Mizuho Financial Group, Inc. (“Mizuho FG”) is marketing a USD Benchmark 3-part Sr Unsecured Note. SEC Registered. Ratings: Moody's (Exp): A1/StableS&P (Exp): A-/Stable.

For 6NC5 (July 8, 2031) FTF tenor, IPT: T + 120a. Optional Redemption: July 8, 2030. ISIN: US60687YDL02. CUSIP: 60687YDL0

For 6NC5 (July 8, 2031) FRN tenor, IPT: SOFR Equiv. Optional Redemption: July 8, 2030. ISIN: US60687YDN67. CUSIP: 60687YDN6

For 11NC10 (July 8, 2036) FTF tenor, IPT: T + 135-140bps. Optional Redemption: July 8, 2035. ISIN: US60687YDM84. CUSIP: 60687YDM8

Timing: Today's Business

Book Runner(s): Active: MIZ(B&D), JPM, BMO.

MIZUHO 5.739 05/27/31 $104.55 ~T+90 G+89

MIZUHO 2.201 07/10/31 $88.88 ~T+91 G+90

MIZUHO 5.594 07/10/35 $102.76 ~T+95 G+103

MIZUHO 5.422 05/13/36 $101.07 ~T+103 G+103

WMB 4.80 11/15/29 $101.06 ~T+74 G+77

WMB 3.50 11/15/30 $94.52 ~T+87 G+82

WMB 5.15 03/15/34 $99.52 ~T+97 G+107

WMB 5.60 03/15/35 $102.45 ~T+102 G+105

PSA 3.385 05/01/29 $97.05 ~T+43 G+49

PSA 2.300 05/01/31 $88.73 ~T+72 G+63

PSA 2.250 11/09/31 $87.31 ~T+78 G+63

PSA 5.100 08/01/33 $102.59 ~T+45 G+62

Takeda U.S. Financing, Inc. is marketing a USD Benchmark 2-part FXD Sr Unsecured SEC-Registered Notes. Guarantor: Takeda Pharmaceutical Company Limited (Ticker: TACHEM). Guarantor ratings: Baa1 (Stable) / BBB+ (Stable) (Moody’s / S&P). Security: Baa1 / BBB+ (Moody’s / S&P).

For 10yr (July 7, 2035) tenor, IPTs: T+125-130. Make-whole Call: Yes. Par Call: Yes, 3-mo.

For 30yr (July 7, 2055) tenor, IPTs: T+140-145. Make-whole Call: Yes. Par Call: Yes, 6-mo.

Timing: Books open, Today’s business

Active Bookrunners: J.P. Morgan (B&D) and SMBC Nikko.

Settlement date: July 2, 2025 (T+4). UoP: TUSFI intends to remit the net proceeds from the offering of the Notes via intercompany loans and intercompany dividends to TPC. TPC intends to use such proceeds primarily to pay down its short-term borrowings such as certain of its outstanding commercial paper and the $500.0 million short-term loan originally incurred to pre-pay its then outstanding long-term borrowings in the fiscal year ended March 31, 2025. Any remaining proceeds will be used for paying down other indebtedness and general corporate purposes. Coupon: Fixed, Semi-Annual 30/360. No Listing / State of New York Law / $200,000 x $1,000. Marketing: www.netroadshow.com/nrs/home/#!/?show=31f39966 |Passcode: Takeda2025 (not case sensitive).

TACHEM 2.050 03/31/30 $89.52 ~T+73 G+73

TACHEM 5.300 07/05/34 $101.29 ~T+86 G+96

TACHEM 3.175 07/09/50 $64.93 ~T+104 G+105

TACHEM 5.650 07/05/54 $96.67 ~T+107 G+108