Issue of the 51st Unsecured Straight Corporate Bond and the 52nd Unsecured Straight Corporate Bond
SoftBank Group Corp. (“SBG”) announces today that it has determined the following terms and conditions for the issuance of its 51st unsecured straight corporate bond with inter-bond pari passu clause (also known as the “Fukuoka SoftBank HAWKS Bond”) and its 52nd unsecured straight corporate bond with inter-bond pari passu clause (collectively, the “Bonds”).
| The 51st Unsecured Straight Corporate Bond | The 52nd Unsecured Straight Corporate Bond | |
|---|---|---|
| 1. Total amount of issue | JPY 400 billion | JPY 50 billion |
| 2. Denomination per bond | JPY 1 million | JPY 100 million |
| 3. Coupon rate | 2.03% per annum | 2.030% per annum |
| 4. Issue price | 100% of the principal amount | |
| 5. Redemption price | 100% of the principal amount | |
| 6. Term | 7 years | 7 years |
| 7. Maturity date | March 15, 2024 | March 8, 2024 |
| 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 | March 16 and September 16 of each year | March 8 and September 8 of each year |
| 10. Offering period | March 3, 2017 to March 15, 2017 | March 2, 2017 |
| 11. Closing date | March 16, 2017 | March 8, 2017 |
| 12. Method of offering | Offering to the general public in Japan | |
| 13. Market | Mainly retail investors | Institutional investors |
| 14. Collateral | No collateral is pledged and no assets are specifically reserved to secure the Bonds. | |
| 15. Guarantor | SoftBank Corp. | |
| 16. Covenants | Negative pledge clause, clause for transformation from unsecured to secured status, and net worth maintenance clause | Negative pledge clause |
| 17. Underwriters |
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| 18. Contact for purchase | Head office and domestic branches of underwriters | |
| 19. Trustee | Aozora Bank, Ltd. | - |
| 20. Fiscal agent | - | Mizuho Bank, Ltd. |
| 21. Book-entry transfer institution | Japan Securities Depository Center, Inc. | |
| 22. Rating | A- (Japan Credit Rating Agency, Ltd.) | A- (Japan Credit Rating Agency, Ltd.) |
| 23. Use of proceeds | Redemption of bonds, repayment of borrowings, and funds for investments and loans | |
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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