Issue of the 53rd Unsecured Straight Corporate Bond and the 54th Unsecured Straight Corporate Bond
SoftBank Group Corp. (“SBG”) announces today that it has determined the following terms and conditions for the issuance of its 53rd unsecured straight corporate bond with inter-bond pari passu clause (also known as the “Fukuoka SoftBank HAWKS Bond”) and its 54th unsecured straight corporate bond with inter-bond pari passu clause (collectively, the “Bonds”).
| The 53rd Unsecured Straight Corporate Bond | The 54th Unsecured Straight Corporate Bond | |
|---|---|---|
| 1. Total amount of issue | JPY 410 billion | JPY 40 billion |
| 2. Denomination per bond | JPY 1 million | JPY 100 million |
| 3. Coupon rate | 1.57% per annum | 1.569% per annum |
| 4. Issue price | 100% of the principal amount | |
| 5. Redemption price | 100% of the principal amount | |
| 6. Term | 6 years | 6 years |
| 7. Maturity date | June 14, 2024 | June 12, 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 | June 20 and December 20 of each year | June 12 and December 12 of each year |
| 10. Offering period | June 7, 2018 to June 19, 2018 | June 6, 2018 |
| 11. Closing date | June 20, 2018 | June 12, 2018 |
| 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. Guarantee | None | |
| 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 | Allocated to the redemption of bonds on June 20, 2018 and cash on hand that temporarily decreased due to the redemption of the foreign currency denominated notes on May 21, 2018. | |
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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