Rakuten Group, Inc. (formerly Rakuten, Inc.) announces the early redemption of its outstanding “Rakuten, Inc. 2nd unsecured subordinated bonds with optional interest payment deferral and early redemption provisions”, originally issued on December 13, 2018. The redemption will occur on December 13, 2025, the first optional redemption date. Details of the early redemption are as follows.
Rakuten, Inc. 2nd unsecured subordinated bonds with optional interest payment deferral and early redemption provisions
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1.Original issue amount |
JPY 29 billion (Balance: JPY 19.2 billion) |
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2.Issue date |
December 13, 2018 |
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3.Maturity date |
December 13, 2055 |
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4.Early redemption date |
December 13, 2025 (First optional redemption date) |
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5.Interest rate |
2.61% per annum |
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6.Total early redemption amount |
JPY 19.2 billion |
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7.Redemption price |
JPY 100 per JPY 100 of each bond |