TOKYO -- Rakuten Group is ramping up its refinancing efforts, launching a tender off of up to $1 billion for its bonds due in November while planning to issue new three-year bonds as it pushes back maturity dates.
Telecommunication
Rakuten to refinance $1bn in debt through prepayment and new sale
Move allows Japanese tech group to effectively extend redemption
Rakuten incurred debt entering the mobile phone business that has grown less quickly than anticipated. (Photo by Mayumi Tsumita)
Read Next
Latest on Telecommunication
