Rakuten Group, Inc. (RKUNF)
- Bloomberg
Rakuten Prices $1.9 Billion of Yen Debt in Liquidity Boost
(Bloomberg) -- Japanese e-commerce giant Rakuten Group Inc. sold 250 billion yen ($1.9 billion) of bonds on Friday, giving the company an important injection of liquidity after it was cut further into junk by S&P Global Ratings last month. Most Read from BloombergAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedPutin Plans New Ukraine Push Despite Losses as He Prepares for Years of WarHindenburg vs Adani: The Short
- Bloomberg
Rakuten More Than Doubles Bond Offering’s Size to $450 Million
(Bloomberg) -- Japanese e-commerce giant Rakuten Group Inc. sold $450 million of junk bonds Wednesday, after increasing the size of the offering by $250 million in a sign of strong investor demand. Most Read from BloombergUniversal Plans New Family Resort in Texas, Las Vegas Horror AttractionUS Safety Agency to Consider Ban on Gas Stoves Amid Health FearsT-Mobile Considers Buying Ryan Reynolds’s Mint MobileMexican President’s 28-Minute Monologue Had Biden, Trudeau Staring at FeetRental Housing I
- Bloomberg
Rakuten Is Said Cutting Mobile Unit Headcount to Woo Investors
(Bloomberg) -- Rakuten Group Inc. is reducing headcount at its mobile unit and seeking outside investors to help turn around the loss-making business, according to people familiar with the matter. Most Read from BloombergFTX’s Balance Sheet Was BadChina Plans Property Rescue in Latest Surprise Policy ShiftBiden, Xi Chart Path to Warmer Ties With Blinken China VisitUS Stocks, Bonds Drop as Fed Signals Further Hikes: Markets WrapFTX Latest: Binance CEO Plans Recovery Fund, Laments Bad ActorsThe Ja
