Rakuten Bank Debuts After Largest Japan IPO Since 2018

The video discusses a significant share sale in Japan, highlighting Rakuten's IPO, which is the largest in Tokyo in over four years. Despite financial challenges and competition from companies like Amazon, Rakuten aims to raise ¥85 billion. Bloomberg Intelligence suggests that while the IPO proceeds will help, Rakuten may still need additional funds to maintain its cash balance. The video also compares Rakuten's IPO to other successful banking IPOs in Japan, indicating potential investor interest.

What refinancing risks does the company face as outlined in the text?

What is the expected performance of the IPO based on historical data mentioned?