Early Redemption of Domestic Hybrid Bonds (with a Subordination Provision) Issued in 2016
SoftBank Group Corp. announced today that it will redeem all of its 1st and 3rd unsecured subordinated bonds with interest deferrable clause and early redeemable option (with a subordination provision) on September 16, 2021 and September 30, 2021, the respective first optional redemption dates. The details of the redemption are as follows.
Unsecured subordinated bonds with interest deferrable clause and early redeemable option (with a subordination provision)
1st | 3rd | |
---|---|---|
1. Total amount of issue | JPY 55.6 billion | JPY 400.0 billion |
2. Date of issue | September 16, 2016 | September 30, 2016 |
3. Maturity date | September 13, 2041 | September 30, 2041 |
4. Date of early redemption | September 16, 2021 (first optional redemption date) | September 30, 2021 (first optional redemption date) |
5. Interest rate | 3.00% per annum | 3.00% per annum |
6. Total amount of early redemption | JPY 55.6 billion | JPY 400.0 billion |
7. Amount of early redemption | JPY 100 per each bond of JPY 100 |
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