Early Redemption of Foreign Currency Denominated Senior Notes Issued by a Subsidiary
SoftBank Corp. (the “Company”) announces that on February 13, 2015 Ymobile Corporation,*1 a subsidiary of the Company, notified the holders of its US dollar and Euro denominated senior notes issued on April 1, 2011 (collectively, the “Notes”) that it will redeem on April 1, 2015 all of the outstanding Notes. The details of the redemption are as follows.
| US dollar denominated senior notes due 2018 | Euro denominated senior notes due 2018 | |
|---|---|---|
| 1. Issuer | Ymobile Corporation | |
| 2. Total amount of issue | USD 420,000,000.00 | EUR 200,000,000.00 |
| 3. Date of issue | April 1, 2011 | |
| 4. Maturity date | April 1, 2018 | |
| 5. Date of early redemption | April 1, 2015 (planned) | |
| 6. Redemption premium | 4.125% | 4.188% |
| 7. Interest rate | 8.250% per annum | 8.375% per annum |
| 8. Outstanding amount | USD 419,620,000.00 (Approx. JPY 50.6 billion*2) | EUR 200,000,000.00 (Approx. JPY 29.3 billion*2) |
| 9. Trustee | The Bank of New York Mellon Corporation | |
| 10. Listing | Singapore Exchange | |
- *1eAccess Ltd. changed its company name to Ymobile Corporation on July 1, 2014.
- *2Calculated at the exchange rates of USD = JPY 120.55 and EUR = JPY 146.54, each as of December 31, 2014.
- *1
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