IFLR1000

Rakuten ¥188 billion share issue

30/6/2015
Share offer
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¥ 188 billion

$ 1.684 billion

Completed

30/6/2015

Overview:

  • Rakuten has raised ¥188 billion through the issue of 100 million new shares.
  • Daiwa Capital Markets Europe, Goldman Sachs International and Morgan Stanley acted as underwriters.
  • The shares were issued pursuant to Rule144A/Reg S
  • Rakuten is a Japanese IT company focused on e-commerce, retail finance and entertainment.
  • The deal is the second largest Japanese equity issue in 2015.

Sam Duke - Editor

Jurisdictions:

United States
Japan

Deal type:

Share offer

Practice area:

Capital markets : Equity

Governing laws:

New York
Japan

Industry sector:

Technology and telecommunications

Firms:
Mori Hamada & Matsumoto

Party: Daiwa Capital Markets Europe (Underwriter)

Party: Goldman Sachs International (Underwriter)

Lawyers: Katsumasa Suzuki, Masakazu Kumagai

Nishimura & Asahi

Party: Rakuten (Issuer)

Lawyers: Kohei Koikawa, Yasutaka Nishikori

Simpson Thacher & Bartlett

Party: Daiwa Capital Markets Europe (Underwriter)

Party: Goldman Sachs International (Underwriter)

Party: Morgan Stanley (Underwriter)

Lawyer: Takahiro Saito

Sullivan & Cromwell

Party: Rakuten (Issuer)

Lawyer: Izumi Akai

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