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Settlement of Tender offers and Consent Solicitation
– USD- and EUR- denominated Senior Notes

SoftBank Group Corp.
SoftBank Group Corp. ("SBG") hereby announces the completion of the settlement on March 10, 2021 (London time) of its several concurrent tender offers (the "Tender Offers") and a consent solicitation (the "Consent Solicitation"), which were first announced in "Tender Offers and Consent Solicitation –USD- and EUR- denominated Senior Notes" dated February 22, 2021 and "Results of Tender Offers and Consent Solicitation – USD- and EUR- denominated Senior Notes" dated March 8, 2021 (the "March 8 Announcement"). The proposed amendments to the Existing Notes Indentures (as defined in the March 8 Announcement) have accordingly become operative, and the Tender Offers have been settled as follows.

Results of the Tender Offers

 Series Acceptance Amount
(Principal amount)
Clearing Price
5.375% USD-denominated Senior Notes due 2022USD229,866,000105.000%
5.500% USD-denominated Senior Notes due 2023USD135,835,000108.250%
4.750% USD-denominated Senior Notes due 2024USD373,223,000108.625%
6.125% USD-denominated Senior Notes due 2025USD78,268,000113.000%
6.000% USD-denominated Senior Notes due 2025USD112,191,000112.875%
5.125% USD-denominated Senior Notes due 2027USD48,845,000110.375%
6.250% USD-denominated Senior Notes due 2028--
4.000% Euro-denominated Senior Notes due 2022EUR99,550,000104.750%
4.000% Euro-denominated Senior Notes due 2023 EUR365,011,000*106.625%
4.500% Euro-denominated Senior Notes due 2025EUR87,756,000111.375%
4.750% Euro-denominated Senior Notes due 2025EUR56,268,000112.500%
3.125% Euro-denominated Senior Notes due 2025EUR289,483,000105.750%
5.250% Euro-denominated Senior Notes due 2027--
5.000% Euro-denominated Senior Notes due 2028--
4.000% Euro-denominated Senior Notes due 2029--
  • Including an additional EUR2,000,000 accepted after the March 8 Announcement.

After the settlement of the Tender Offers, the outstanding principal amount of the above target notes (excluding the Notes held by SBG) are as follows.

Outstanding Principal Amounts

 Outstanding Principal Amount
(excluding the Notes
held by SBG)
Maturity Date
5.375% USD-denominated Senior Notes due 2022USD512,798,000July 30, 2022
5.500% USD-denominated Senior Notes due 2023USD164,165,000April 20, 2023
4.750% USD-denominated Senior Notes due 2024USD834,695,000September 19, 2024
6.125% USD-denominated Senior Notes due 2025USD371,732,000April 20, 2025
6.000% USD-denominated Senior Notes due 2025USD575,071,000July 30, 2025
5.125% USD-denominated Senior Notes due 2027USD1,784,302,000September 19, 2027
6.250% USD-denominated Senior Notes due 2028USD499,956,000April 15, 2028
4.000% Euro-denominated Senior Notes due 2022EUR186,984,000July 30, 2022
4.000% Euro-denominated Senior Notes due 2023EUR634,989,000April 20, 2023
4.500% Euro-denominated Senior Notes due 2025EUR302,566,000April 20, 2025
4.750% Euro-denominated Senior Notes due 2025EUR632,846,000July 30, 2025
3.125% Euro-denominated Senior Notes due 2025EUR810,849,000September 19, 2025
5.250% Euro-denominated Senior Notes due 2027EUR210,620,000July 30, 2027
5.000% Euro-denominated Senior Notes due 2028EUR1,173,607,000April 15, 2028
4.000% Euro-denominated Senior Notes due 2029EUR689,856,000September 19, 2029

Disclaimer
Important Notice

 

This announcement must be read in conjunction with the Tender Offer and Consent Solicitation Memorandum (for Eligible Holders) and the Consent Solicitation Statement (for other Holders), each distributed separately. Each Holder is recommended to seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser.

 

None of the Tender Offer and Consent Solicitation Memorandum, the Consent Solicitation Statement or this announcement constitutes an offer to buy or the solicitation of an offer to sell Notes, (and tenders of Notes will not be accepted from Holders) in any circumstances in which it is unlawful to do so. Persons into whose possession this announcement, the Tender Offer and Consent Solicitation Memorandum and/or the Consent Solicitation Statement come are required to inform themselves about, and to observe, any such restrictions.

 

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities referred to herein. This announcement is not, and is not intended to be, an offer of securities of SBG for sale, or the solicitation of an offer to buy securities of SBG, in the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act, or any state securities laws of the United States, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except pursuant to an exemption under, or in a transaction not subject to, the U.S. Securities Act. This announcement and the information contained herein are not for distribution, directly or indirectly, in or into the United States. No public offer of the securities referred to herein is being or will be made in the United States.

  • Releases, announcements, presentations and other information available from this page and elsewhere on this website were prepared based on information available and views held at the time of preparation and speak only as of the respective dates on which they are filed or used by SoftBank Group Corp. or the applicable group company, as the case may be. Such information is subject to change and may become out-of-date. Such information may also contain forward-looking statements which are by their nature subject to various risks and uncertainties that may cause actual results and future developments to differ materially from those expressed or implied by such statements. Please read legal notices in its entirety prior to viewing any information available on this website.

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