Rakuten Sells Record ¥400 Billion in Bonds

• Rakuten sold ¥400 billion in 5.5-year bonds, a record for the company.
• The bonds carry a 4.37% coupon and were priced at a 200 basis point spread over the benchmark 10-year Japanese government bond.
• The strong demand for the bonds indicates significant investor interest in Rakuten's financial offerings.
• The proceeds from the bond sale will likely be used for general corporate purposes.
• The bond issuance highlights Rakuten's financial strength and market confidence in the company.