April 25, 2024

Announcement Regarding Completion of Purchase and Cancellation of JPY Denominated Senior Bonds

  Rakuten Group, Inc. (hereinafter the “Company”), as announced on January 25, 2024, in “Announcement Regarding the Issuance of USD Denominated Senior Notes and Purchases of USD Denominated Senior Notes and JPY Denominated Senior Bonds”, has completed the purchase and cancellation of certain of its JPY denominated senior bonds scheduled to mature in and after 2024 (hereinafter the "Purchase"). The details are as follows.

 1. Background of the Purchase

  The Purchase was conducted with the aim of smoothing out the Company’s bond redemption schedule. The Company used cash on hand and proceeds from the February 2024 issuance of USD denominated senior notes, less the amount used for the February 2024 offers to repurchase USD denominated senior notes due 2024 for cash consideration, as the source of funds for the Purchase.

 2. Outline of the Purchase

1.     Target Bonds

Rakuten Group, Inc. 15th Unsecured Bonds
(with inter-bond pari passu clause)

2.     Total issue amount

JPY 75 billion

3.     Issue date

December 2, 2021

4.     Maturity date

December 2, 2024

5.     Total face value of the Purchase

JPY 55.8 billion

6.     Remaining amount

JPY 19.2 billion


Note: This press release was not created for the purpose of soliciting investment / the Purchase or similar acts in any jurisdiction.

*Please note that the information contained in press releases is current as of the date of release.

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