The Disclosure at Luxembourg Stock Exchange
SOFTBANK CORP. announces that it has disclosed the notice concerning redemption of its Euro-denominated Senior Notes due 2013 (hereafter the “Notes”) before maturity as attached at the Luxembourg Stock Exchange where the Notes are listed.
SOFTBANK CORP. Euro-denominated Senior Notes due 2013
|1. Total amount||EUR 500 million|
|2. Issued date||October 12, 2006|
|3. Original date of redemption||October 15, 2013|
|4. Date of early redemption||October 15, 2010 (tentative)|
|6. Interest rate||7.75% per annum|
|7. Outstanding amount||EUR 352.55 million (approx. JPY 47.2 billion*)|
|9. Rating||BB+ Standard & Poor's|
Ba2 Moody's Investors Service
|10. Sole arranger||Deutsche Bank AG, London Branch|
|11. Listing||Luxembourg Stock Exchange|
- *The outstanding amount of the bonds at the end of the first quarter of the fiscal year ending March 31, 2011 was approximately JPY 47.2 billion.
NOTICE OF REDEMPTION TO THE HOLDERS OF
7¾% SENIOR NOTES DUE 2013
ISIN: XS0270175762* Common Code: 027017576*
Notice is hereby given to the holders (“Holders”) of the 7¾% Senior Notes due 2013 (the “Notes”) of SOFTBANK CORP. (the “Company“) that the Company has elected to, and shall, redeem all of the outstanding Notes on October 15, 2010 (the “Redemption Date”) as permitted under Section 7 of the Notes and Section 3.1 of that certain indenture (the “Indenture”), dated as of October 12, 2006, among the Company, as issuer, Deutsche Trustee Company Limited, as trustee, Deutsche Bank AG, London Branch, as principal paying agent and transfer agent (the “Principal Paying Agent”), and Deutsche Bank Luxembourg, S.A., as registrar, Luxembourg paying agent and transfer agent (the “Luxembourg Paying Agent”).
The Notes shall be redeemed at a redemption price (the “Redemption Price”) of 103.875% of the principal amount thereof (i.e., €1,038.75 for each €1,000 principal amount of Notes). All accrued and unpaid interest on the Notes up to the Redemption Date shall also be paid (i.e., €38.75 for each €1,000 principal amount of Notes).
Notes called for redemption must be presented and surrendered to either the Principal Paying Agent or the Luxembourg Paying Agent in order for the Holders to collect the Redemption Price, plus accrued and unpaid interest.
Unless the Company defaults in paying the Redemption Price, the interest on the Notes will cease to accrue on and after the Redemption Date, and the only remaining right of the Holders will be to receive payment of the Redemption Price, plus any accrued and unpaid interest up to the Redemption Date, upon surrender of the Notes redeemed to either the Principal Paying Agent or the Luxembourg Paying Agent.
To collect the Redemption Price, the Notes must be presented and surrendered for redemption at the office of either the Principal Paying Agent or the Luxembourg Paying Agent, shown below, at any time on or after the Redemption Date:
Principal Paying Agent's office:
Deutsche Bank AG, London Branch
1 Great Winchester Street
London EC2N 2DB
Attention: Managing Director
Fax: +44 (0)20 7547 6149
Luxembourg Paying Agent's office:
Deutsche Bank Luxembourg, S.A.
2 Boulevard Konrad Adenauer
Attention: Coupon Paying Department
Fax: +352 473 136
All questions should be directed to either the Principal Paying Agent or the Luxembourg Paying Agent at the addresses listed above.
Tokyo Shiodome Building
Minato-ku, Tokyo 105-7303
- *The ISIN number and Common Code number provided above are included solely for the convenience of the Holders. The Company is not responsible for the use or selection of such numbers, nor is any representation made as to the correctness or accuracy of such numbers, if any, printed on the Notes, or as listed in this notice of redemption.
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