Rakuten Group, Inc. (formerly Rakuten, Inc.) announces that it will redeem all of remaining Rakuten, Inc. 1st unsecured subordinated bonds with optional interest payment deferral and early redemption provisions issued on December 13, 2018 on December 13, 2023, the first optional redemption date. The details of the redemption are as follows.
Rakuten, Inc. 1st unsecured subordinated bonds with optional interest payment deferral and early redemption provisions
1.Total amount of issue |
JPY 140 billion (Balance is JPY 68 billion) |
2.Date of issue |
December 13, 2018 |
3.Maturity date |
December 13, 2053 |
4.Date of early redemption |
December 13, 2023 (first optional redemption date) |
5.Interest rate |
2.35% per annum |
6.Total amount of early redemption |
JPY 68 billion |
7.Early redemption amount |
JPY 100 per JPY 100 of each bond |