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Issue of the 58th Unsecured Straight Corporate Bond

SoftBank Group Corp.

SoftBank Group Corp. (“SBG”) announced today that it has determined the following terms and conditions for the issuance of its 58th unsecured straight corporate bond (also known as the “Fukuoka SoftBank HAWKS Bond”) (the “Bond”).

The 58th Unsecured Straight Corporate Bond
1. Total amount of issueJPY 385 billion
2. Denomination per bondJPY 1 million
3. Interest rate2.84% per annum
4. Issue price100% of the denomination per bond
5. Redemption price100% of the denomination per bond
6. Term7 years
7. Maturity dateDecember 14, 2029
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. Interest payment datesJune 16 and December 16 of each year
10. Offering periodFrom December 2, 2022 to December 15, 2022
11. Issue dateDecember 16, 2022
12. Method of offeringPublic offering in Japan
13. OffereesMainly individual investors
14. CollateralNo collaterals are set up for the Bond and no assets are specifically reserved to secure the Bond.
15. GuaranteeNone
16. CovenantsNegative pledge clause, clause for transformation from unsecured to secured status, and net worth maintenance clause
17. UnderwritersMizuho Securities Co., Ltd.
Daiwa Securities Co. Ltd.
SMBC Nikko Securities Inc.
Nomura Securities Co., Ltd.
SBI SECURITIES Co., Ltd.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Okasan Securities Co., Ltd.
IwaiCosmo Securities Co., Ltd.
Tokai Tokyo Securities Co., Ltd.
Mito Securities Co., Ltd.
Nishi-Nippon City Tokai Tokyo Securities Co., Ltd.
18. TrusteeAozora Bank, Ltd.
19. Credit ratingA-(Japan Credit Rating Agency, Ltd.)
20. Use of proceedsAllocated to cash reserves which have temporarily decreased due to the redemption of the domestic straight bond that will reach the maturity on December 9, 2022 and to the redemption of the foreign currency denominated bonds and a part of the redemption of the domestic straight bond, both of which will reach the maturity in April 2023.

Note:
This press release related 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.

  • 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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