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Rakuten Announces Early Redemption of 2020 Subordinated Bonds

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Rakuten Announces Early Redemption of 2020 Subordinated Bonds

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An update from Rakuten ( (JP:4755) ) is now available.

Rakuten Group, Inc. has announced the early redemption of its 4th unsecured subordinated bonds, initially issued in 2020, with a total redemption amount of JPY 16.8 billion. This strategic financial move reflects the company’s proactive management of its debt obligations, potentially strengthening its financial position and signaling confidence in its operational stability to stakeholders.

The most recent analyst rating on (JP:4755) stock is a Hold with a Yen930.00 price target. To see the full list of analyst forecasts on Rakuten stock, see the JP:4755 Stock Forecast page.

More about Rakuten

Rakuten Group, Inc. operates in the e-commerce and internet services industry, offering a wide range of products and services including online retail, digital content, and financial technology solutions. The company is focused on leveraging technology to enhance consumer experiences and expand its market presence globally.

Average Trading Volume: 16,086,587

Technical Sentiment Signal: Sell

Current Market Cap: Yen1634.4B

See more data about 4755 stock on TipRanks’ Stock Analysis page.

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