Press Releases 2014

Issue of the 1st Unsecured Subordinated Corporate Bond

December 3, 2014
SoftBank Corp.

SoftBank Corp. (the “Company”) announces that it has determined the following terms and conditions for the issuance of its 1st unsecured subordinated corporate bond (the “Bond”).

1. Total amount of issue JPY 400 billion
2. Denomination per bond JPY 1 million
3. Coupon rate 2.50% per annum
4. Issue price 100% of the principal amount
5. Redemption price 100% of the principal amount
6. Term 7 years
7. Maturity date December 17, 2021
8. Redemption The Bond will be redeemed in full upon maturity. The Bond may also be repurchased and redeemed at any time commencing from the first day following the closing date, subject to requirements of the book-entry transfer institution.
9. Coupon payment dates June 19 and December 19 of each year
10. Offering period December 4, 2014 to December 18, 2014
11. Closing date December 19, 2014
12. Method of offering Offering to the general public in Japan
13. Market Mainly retail investors
14. Collateral No collateral is pledged and no assets are specifically reserved to secure the Bond.
15. Guarantee None
16. Subordination Specific terms of subordination are defined concerning redemption and payment of interest of the Bond in the event that the Company goes into liquidation or files for bankruptcy, commencement of corporate reorganization proceedings or court-led rehabilitation pursuant to Japanese law or any other jurisdiction's law.
17. Covenants None
18. Underwriters
  • Mizuho Securities Co., Ltd.
  • Daiwa Securities Co. Ltd.
  • SMBC Nikko Securities Inc.
  • Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
  • SBI SECURITIES Co., Ltd.
  • IwaiCosmo Securities Co., Ltd.
  • Okasan Securities Co., Ltd.
  • Tokai Tokyo Securities Co., Ltd.
19. Contact for purchase Head office and domestic branches of underwriters
20. Trustee Aozora Bank, Ltd.
21. Book-entry transfer institution Japan Securities Depository Center, Inc.
22. Rating BBB+ (Japan Credit Rating Agency, Ltd.)
23. Use of proceeds Redemption of the preferred securities issued by SFJ Capital Limited, a subsidiary of the Company, and funds for investments and loans.

This press release relates to offerings of Japanese Yen-denominated Bonds (the “Bonds”) that are intended to be directed into Japan and its residents thereof in accordance with the laws, customary practices and documentation of Japan. This press release does not constitute an offer of any securities for sale in the United States. The Bonds have not been registered under the United States Securities Act of 1933, as amended (the “Act”), and may not be offered or sold in the United States absent registration or an application exemption from the registration requirements under the Act.

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