Issue of Unsecured Straight Corporate Bonds
SoftBank Group Corp. (“SBG”) announced today that it has determined the following terms and conditions for the issuance of its 60th, 61st, and 62nd unsecured straight corporate bonds (collectively, the “Bonds”).
| 60th | 61st | 62nd | |
|---|---|---|---|
| 1. Total amount of issue | JPY 30 billion | JPY 50 billion | JPY 20 billion |
| 2. Denomination per bond | JPY 100 million | ||
| 3. Interest rate | 1.799% per annum | 2.441% per annum | 2.900% per annum |
| 4. Issue price | 100% of the denomination per bond | ||
| 5. Redemption price | 100% of the denomination per bond | ||
| 6. Term | 3 years | 5 years | 7 years |
| 7. Maturity date | April 23, 2027 | April 25, 2029 | April 25, 2031 |
| 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. Interest payment dates | April 25 and October 25 of each year | ||
| 10. Issue date | April 25, 2024 | ||
| 11. Method of offering | Public offering in Japan | ||
| 12. Offerees | Institutional investors | ||
| 13. Collateral | No collaterals are set up for the Bonds and no assets are specifically reserved to secure the Bonds. | ||
| 14. Guarantee | None | ||
| 15. Covenants | Negative pledge clause | ||
| 16. Underwriters | SMBC Nikko Securities Inc. Daiwa Securities Co. Ltd. | ||
| 17. Fiscal agent | Mizuho Bank, Ltd. | ||
| 18. Credit rating | A（Japan Credit Rating Agency, Ltd.） | ||
| 19. Use of proceeds | To be allocated to part of the redemption of the domestic bond that will reach the maturity on June 14, 2024. | ||
Note:
This press release related to offerings of Japanese Yen-denominated 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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