Simpson Thacher recently represented Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, Daiwa Capital Markets America Inc., Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., BofA Securities, Inc., Citigroup Global Markets Inc. and Credit Suisse (Hong Kong) Limited in connection with the Rule 144A/Regulation S offering by Rakuten Group, Inc. of its $450 million 10.250% Senior Notes due 2024. The notes were issued as additional securities to the $500 million 10.250% Senior Notes due 2024 originally issued by Rakuten Group, Inc. on November 30, 2022.
Rakuten Group, Inc. is one of Japan’s leading e-commerce companies and operates internet services, fintech and mobile businesses.
The Simpson Thacher team included Taki Saito, Mark Brod, David Snowden and Yuriko Miyasaka (Capital Markets); Jonathan Cantor (Tax); and Jennie Getsin (Blue Sky).