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Rakuten Hires Banks for Yen Bond Offering of About $1 Billion

Rakuten Hires Banks for Yen Bond Offering of About $1 Billion

Bloomberg5 hours ago
Rakuten Group Inc. hired banks for a yen bond offering of about 150 billion yen ($1 billion), according to one of the underwriters on the deal, Daiwa Securities Co.
The Japanese e-commerce giant is targeting both retail investors and institutional investors, according to the announcement. The institutional notes will be sold as sustainability debt.
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