Press Releases 2015

Issue of the 47th Unsecured Straight Corporate Bond

June 3, 2015
SoftBank Corp.

SoftBank Corp. (the “Company”) announces that it has determined the following terms and conditions for the issuance of its 47th unsecured straight corporate bond with inter-bond pari passu clause (also known as the “Fukuoka SoftBank HAWKS Bond,” the “Bond”).

1. Total amount of issue JPY 100 billion
2. Denomination per bond JPY 1 million
3. Coupon rate 1.36% per annum
4. Issue price 100% of the principal amount
5. Redemption price 100% of the principal amount
6. Term 5 years
7. Maturity date June 18, 2020
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 18 and December 18 of each year
10. Offering period June 4, 2015 to June 17, 2015
11. Closing date June 18, 2015
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. Guarantors SoftBank Mobile Corp.*
16. Covenants Negative pledge clause, clause for transformation from unsecured to secured status and net worth maintenance clause
17. Underwriters
  • Nomura Securities Co., Ltd.
  • Daiwa Securities Co. Ltd.
  • Mizuho 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.
  • SMBC Friend Securities Co., Ltd.
  • Mito Securities Co., Ltd.
18. Contact for purchase Head office and domestic branches of underwriters
19. Trustee Aozora Bank, Ltd.
20. Book-entry transfer institution Japan Securities Depository Center, Inc.
21. Rating A- (stable; Japan Credit Rating Agency, Ltd.)
22. Use of proceeds Redemption of bonds and repayment of borrowings
[Note]
  • *
    SoftBank Mobile Corp. will change its corporate name to SoftBank Corp. on July 1, 2015. The Company will also change its corporate name to SoftBank Group Corp. on July 1, 2015, subject to the approval of partial changes in its Articles of Incorporation at the 35th Annual General Meeting of Shareholders scheduled to be held on June 19, 2015.

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 law, customary practices and documentation in 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.

  • Releases, announcements, presentations and other information available from this page and elsewhere on this website were prepared based on information available and views held at the time of preparation and speak only as of the respective dates on which they are filed or used by SoftBank Group Corp. or the applicable group company, as the case may be. Such information is subject to change and may become out-of-date. Such information may also contain forward-looking statements which are by their nature subject to various risks and uncertainties that may cause actual results and future developments to differ materially from those expressed or implied by such statements. Please read legal notices in its entirety prior to viewing any information available on this website.