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Rakuten ( (JP:4755) ) has provided an announcement.
Rakuten Group, Inc. has announced the issuance of unsecured undated bonds with interest payment deferral and optional redemption clauses, structured to receive a 50% equity credit from rating agencies. The proceeds from these bonds will be used to redeem or repurchase existing USD-denominated subordinated notes, enhancing Rakuten’s financial flexibility and potentially strengthening its market position.
The most recent analyst rating on (JP:4755) stock is a Hold with a Yen850.00 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. is a prominent player in the e-commerce and internet services industry, offering a wide range of services including online retail, digital content, fintech, and communications. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its innovative approach to integrating technology and commerce.
Average Trading Volume: 18,801,673
Technical Sentiment Signal: Buy
Current Market Cap: Yen2188B
See more data about 4755 stock on TipRanks’ Stock Analysis page.