Markets Mindset: Q3 2025 Debt Capital Markets: Mid-Summer Update
Beyond The Obvious25 Heinä 2025

Markets Mindset: Q3 2025 Debt Capital Markets: Mid-Summer Update

Investment Grade Debt Capital Markets are seeing strong momentum this summer, with year-to-date supply pacing toward the second-largest year on record, following the highs of 2020.

In this latest episode of Markets Mindset, Mizuho’s Head of Investment Grade Capital Markets and Syndicate, Victor Forte, is joined by Moshe Tomkiewicz, Head of Investment Grade Debt Capital Markets, for a deep dive into Q3 DCM market dynamics.

They discuss what’s driving current conditions in the IG new issue and broader DCM landscape, including strong investor demand, tight spreads and copious amounts of excess liquidity. With financials leading supply and corporates remaining flat year-over-year, our experts break down how technicals are shaping strategy, the influence of government spending and private credit, and where risks may emerge as rate expectations evolve.

Hear their insights on current conditions, how long they may last and what issuers should prioritize in the second half of 2025.

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Markets Mindset: Q3 2026 Debt Capital Markets: Absorbing the Tech Issuance Surge

Markets Mindset: Q3 2026 Debt Capital Markets: Absorbing the Tech Issuance Surge

With year-to-date issuance up significantly in both tech and communications, will the surge of AI hyperscalers continue to alter the complexion of the market?In our latest episode of Markets Mindset, ...

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Markets Mindset: Q3 2026 Equity Capital Markets: Utilizing POWL for IPO Demand in Japan

Markets Mindset: Q3 2026 Equity Capital Markets: Utilizing POWL for IPO Demand in Japan

U.S. issuers are increasingly looking at the opportunities that exist in Japanese retail and institutional investment. This trend is highlighted in the SpaceX IPO, the largest in history, which raised...

29 Kesä 6min

M&A Corner: Managing Risks in the M&A Process

M&A Corner: Managing Risks in the M&A Process

As dealmakers navigate a competitive and fast-moving M&A environment, questions around risk allocation, execution speed and emerging technology are becoming increasingly important.In this episode of M...

3 Kesä 20min

Markets Mindset: Q2 2026 Debt Capital Markets: Weathering the Geopolitical Climate

Markets Mindset: Q2 2026 Debt Capital Markets: Weathering the Geopolitical Climate

The effects of the geopolitical climate over the past few months have rippled out across Debt Capital Markets. From the conflict in the Middle East and its impact on global oil prices, to questions ar...

28 Huhti 19min

Markets Mindset: Q2 2026 Leveraged Finance: Software Sector Impact

Markets Mindset: Q2 2026 Leveraged Finance: Software Sector Impact

Within leveraged finance, there has been a shift in activity in term loan B, high yield and CLO markets as the industry contends with the resetting of software valuations as a result of the AI disrupt...

22 Huhti 15min

Markets Mindset: Q1 2026 Equity Capital Markets: The Return of IPOs

Markets Mindset: Q1 2026 Equity Capital Markets: The Return of IPOs

Equity capital markets are off to a strong start in 2026, with IPO activity accelerating after several years of subdued issuance. Early momentum, improving performance and a growing pipeline across se...

5 Helmi 9min

Markets Mindset: Q1 2026 Leveraged Finance: A Deep Dive into Data Center Financing

Markets Mindset: Q1 2026 Leveraged Finance: A Deep Dive into Data Center Financing

Leveraged finance markets experienced a meaningful pick up of activity in 2025 driven largely by continued high volumes of data center financings, including several of Mizuho’s recently lead deals.  B...

21 Tammi 13min

Markets Mindset: Q1 2026 Debt Capital Markets: Ready, Supply, Go!

Markets Mindset: Q1 2026 Debt Capital Markets: Ready, Supply, Go!

Debt Capital Markets are off to a running start in the new year, with heavy supply flooding the markets in the first week of January.Looking ahead to the rest of 2026, how will the lofty market estima...

16 Tammi 16min

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