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Messaging App LINE Eyes FinServ With $1.3B Fundraise

September 05, 2018
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Messaging App LINE Eyes FinServ With $1.3B Fundraise

September 05, 2018
Japan’s LINE Corporation is raising around 148.1 billion yen ($1.33 billion) through convertible bonds so it can expand into the financial services (FinServ) business. LINE, the owner of Japan’s most popular messaging service, said on Tuesday (Sept. 4) that it will issue zero coupon convertible bonds maturing in 2023 and 2025, with a portion going […]