Results of Tender Offer for
USD- and EUR-denominated Notes
January 24, 2019
SoftBank Group Corp.
SoftBank Group Corp. (“SBG”) today announces the results of its several concurrent tender offers (the “Tender Offers”), which were first announced in “Tender Offer for USD- and EUR-denominated Notes” dated on January 16, 2019 and expired on January 23, 2019 (London time).
Results of the Tender Offers
SBG announces that $1.0 billion equivalent* of the target notes has been validly tendered and accepted for purchase pursuant to the Tender Offers. The results of the Tender Offers are as follows:
|Series Acceptance Amount|
|5.375% USD Senior Notes due 2022||$75,857,000|
|4.750% USD Senior Notes due 2024||$142,082,000|
|6.000% USD Senior Notes due 2025||$24,365,000|
|5.125% USD Senior Notes due 2027||$166,853,000|
|4.500% Euro Senior Notes due 2025||€59,678,000|
|3.125% Euro Senior Notes due 2025||€399,668,000|
|4.000% Euro Senior Notes due 2029||€60,144,000|
The total purchase consideration is approximately $970 million equivalent* and the difference with the aggregate principal amount of notes accepted for purchase is approximately $30 million equivalent.*
- *Based on an exchange rate of EUR 1.00 = USD 1.1379
The settlement date for the Tender Offers is expected to be on or around January 28, 2019.
This announcement must be read in conjunction with the Tender Offer Memorandum distributed separately. Each holder is recommended to seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser.
Nothing in this announcement or the Tender Offer Memorandum constitutes an offer to buy, or the solicitation of an offer to sell, securities to any person in any jurisdiction where it is unlawful to do so. Persons into whose possession this announcement and/or the Tender Offer Memorandum come are required to inform themselves about, and to observe, any such restrictions.
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