Rakuten Group, Inc. (“Rakuten”) announces the redemption of its outstanding US$750,000,000 5.125% Undated Subordinated NC5 Fixed Rate Reset Notes (the “Notes”), issued on April 22, 2021. The redemption will occur on April 22, 2026, which is the first date on which the Notes may be redeemed at the option of Rakuten pursuant to their terms. Details of the redemption are as follows.
- Securities to be redeemed
Rakuten Group, Inc. USD 750,000,000 5.125% Undated Subordinated NC5 Fixed Rate Reset Notes (Rule 144A―CUSIP: 75102W AA6, ISIN: US75102WAA62, Common Code: 233331201; Regulation S―CUSIP: J6S87B AA6, ISIN: USJ6S87BAA66, Common Code: 233331210) - Redemption date
April 22, 2026 (First Date of Optional Redemption) - The redemption price
100% of the principal amount of the Notes, together with any accrued and unpaid interest up to (but excluding) the redemption date