Press Releases

Issue of the 48th Unsecured Straight Corporate Bond

SoftBank Group Corp.

SoftBank Group Corp. (SBG) announces that it has determined the following terms and conditions for the issuance of its 48th unsecured straight corporate bond with inter-bond pari passu clause (also known as the “Fukuoka SoftBank HAWKS Bond,” the “Bond”).

1. Total amount of issueJPY 370 billion
2. Denomination per bondJPY 1 million
3. Coupon rate2.13% per annum
4. Issue price100% of the principal amount
5. Redemption price100% of the principal amount
6. Term7 years
7. Maturity dateDecember 9, 2022
8. RedemptionThe 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 datesJune 10 and December 10 of each year
10. Offering periodNovember 27, 2015 to December 9, 2015
11. Closing date December 10, 2015
12. Method of offeringOffering to the general public in Japan
13. MarketMainly retail investors
14. CollateralNo collateral is pledged and no assets are specifically reserved to secure the Bond
15. GuarantorsSoftBank Corp.
16. CovenantsNegative pledge clause, clause for transformation from unsecured to secured status, and net worth maintenance clause
17. Underwriters
  • Mizuho Securities Co., Ltd.
  • SMBC Nikko Securities Inc.
  • Daiwa Securities Co. Ltd.
  • Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
  • Okasan Securities Co., Ltd.
  • IwaiCosmo Securities Co., Ltd.
  • SMBC Friend Securities Co., Ltd.
  • Tokai Tokyo Securities Co., Ltd.
  • Mito Securities Co., Ltd.
18. Contact for purchaseHead office and domestic branches of underwriters
19. TrusteeAozora Bank, Ltd.
20. Book-entry transfer institutionJapan Securities Depository Center, Inc.
21. Rating A- (stable; Japan Credit Rating Agency, Ltd.)
22. Use of proceedsEarly redemption of notes issued by SBG's U.S. subsidiary Brightstar Corp. and funds for investments and loans by SBG

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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