Issue of the 45th Unsecured Straight Corporate Bond
SoftBank Corp. (the “Company”) announces that it has determined the following terms and conditions for the issuance of its 45th 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 300 billion |
|---|---|
| 2. Denomination per bond | JPY 1 million |
| 3. Coupon rate | 1.45% 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 | May 30, 2019 |
| 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 | May 30 and November 30 of each year |
| 10. Offering period | May 19, 2014 to May 29, 2014 |
| 11. Closing date | May 30, 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. Guarantors | SoftBank Mobile Corp. and SoftBank Telecom Corp. |
| 16. Covenants | Negative pledge clause, clause for transformation from unsecured to secured status and net worth maintenance clause |
| 17. Underwriters |
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| 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, repayment of borrowings, and funds for investments and loans. |
- *The Company prepares gifts (a tote bag featuring the “White Family” father) for all subscribers to the Bond.
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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