Rakuten Group, Inc. (formerly Rakuten, Inc.) announces the early redemption of its outstanding “Rakuten, Inc. 4th unsecured subordinated bonds with optional interest payment deferral and early redemption provisions”, originally issued on November 4, 2020. The redemption will occur on November 4, 2025, the first optional redemption date. Details of the early redemption are as follows.
Rakuten, Inc. 4th unsecured subordinated bonds with optional interest payment deferral and early redemption provisions
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1.Original issue amount |
JPY 50 billion (Balance: JPY 16.8 billion) |
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2.Issue date |
November 4, 2020 |
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3.Maturity date |
November 4, 2055 |
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4.Early redemption date |
November 4, 2025 (First optional redemption date) |
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5.Interest rate |
1.81% per annum |
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6.Total early redemption amount |
JPY 16.8 billion |
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7.Redemption price |
JPY 100 per JPY 100 of each bond |