Rakuten Launches Its Third Dollar Bond Offering of 2024 Amid Market Developments
In a strategic move to bolster its financial standing, Japanese e-commerce giant Rakuten has officially commenced the marketing process for its third dollar bond offering in 2024. This decision comes as the company seeks to stabilize its balance sheet and expand its access to international capital markets. The dollar-denominated bonds are anticipated to attract a wide range of institutional investors, enhancing Rakuten's position in a competitive landscape.
Continue readingAlibaba's $5 Billion Bond Offering: A Strategic Move Amidst Market Challenges
In a significant financial maneuver, Alibaba Group Holdings Ltd. is reportedly contemplating the issuance of up to $5 billion in bonds. This potential move comes as the Chinese e-commerce giant seeks to optimize its capital structure and reinforce its position in an increasingly competitive market. According to sources familiar with the matter, Alibaba's bond offering is planned for early next year and aims to tap both institutional and retail investors.
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