Issue of the 47th Unsecured Straight Corporate Bond
SoftBank Corp. (the “Company”) announces that it has determined the following terms and conditions for the issuance of its 47th 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 100 billion |
|---|---|
| 2. Denomination per bond | JPY 1 million |
| 3. Coupon rate | 1.36% 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 | June 18, 2020 |
| 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 | June 18 and December 18 of each year |
| 10. Offering period | June 4, 2015 to June 17, 2015 |
| 11. Closing date | June 18, 2015 |
| 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.* |
| 16. Covenants | Negative pledge clause, clause for transformation from unsecured to secured status and net worth maintenance clause |
| 17. Underwriters |
|
| 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 and repayment of borrowings |
SoftBank Mobile Corp. will change its corporate name to SoftBank Corp. on July 1, 2015. The Company will also change its corporate name to SoftBank Group Corp. on July 1, 2015, subject to the approval of partial changes in its Articles of Incorporation at the 35th Annual General Meeting of Shareholders scheduled to be held on June 19, 2015.
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 law, customary practices and documentation in 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 application exemption from the registration requirements under the Act.
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