Issue of the 38th Unsecured Straight Corporate Bond
SOFTBANK CORP. announces that it has determined the following terms and conditions for the issuance of its 38th unsecured straight corporate bond with inter-bond pari passu clause as follows.
| 1. Total amount of issue | JPY 50 billion |
|---|---|
| 2. Denomination per bond | JPY 100 million |
| 3. Coupon rate | 0.42% per annum |
| 4. Issue price | 100% of the principal amount |
| 5. Redemption price | 100% of the principal amount |
| 6. Term | 2 years |
| 7. Maturity date | January 27, 2014 |
| 8. Redemption | The bonds will be redeemed in full upon maturity. The bonds 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 | January 27 and July 27 of each year |
| 10. Offering period | January 20, 2012 |
| 11. Closing date | January 27, 2012 |
| 12. Method of offering | Offering to the general public in Japan |
| 13. Collateral | No collateral or guarantee is pledged and no assets are specifically reserved to secure these bonds. |
| 14. Covenants | Negative pledge clause |
| 15. Underwriters | Daiwa Securities Capital Markets Co. Ltd. Nomura Securities Co., Ltd. SMBC Nikko Securities Inc. |
| 16. Fiscal agent | Mizuho Corporate Bank, Ltd. |
| 17. Book-entry transfer institution | Japan Securities Depository Center, Inc. |
| 18. Rating | A- (Japan Credit Rating Agency, Ltd.) |
| 19. Use of proceeds | Redemption of bonds and repayment of borrowings |
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 applicable exemption from the registration requirements under the Act.
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