Issue of the 65th and 66th Unsecured Straight Corporate Bonds
SoftBank Group Corp. (“SBG”) announced today that it has determined the following terms and conditions for the issuance of its 65th unsecured straight corporate bond, also known as the “Fukuoka SoftBank HAWKS Bond” and its 66th unsecured straight corporate bond (collectively, the “Bonds”).
| The 65th Unsecured Straight Corporate Bond | The 66th Unsecured Straight Corporate Bond | |
|---|---|---|
| 1. Total amount of issue | JPY 600.0 billion | JPY 20.0 billion |
| 2. Denomination per bond | JPY 1 million | JPY 100 million |
| 3. Interest rate | 3.34% per annum | 3.336% per annum |
| 4. Issue price | 100% of the denomination per bond | |
| 5. Redemption price | 100% of the denomination per bond | |
| 6. Term | 5 years | |
| 7. Maturity date | May 2, 2030 | April 24, 2030 |
| 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 | May 2 and November 2 of each year | April 24 and October 24 of each year |
| 10. Offering period | From April 21, 2025 to May 1, 2025 | April 18, 2025 |
| 11. Issue date | May 2, 2025 | April 24, 2025 |
| 12. Method of offering | Public offering in Japan | |
| 13. Offerees | Mainly individual investors | Institutional investors |
| 14. Collateral | No collaterals are set up for the Bonds 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 | Nomura Securities Co., Ltd. Daiwa Securities Co. Ltd. SBI SECURITIES Co., Ltd. Mizuho Securities Co., Ltd. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. SMBC Nikko Securities Inc. Okasan Securities Co., Ltd. Tokai Tokyo Securities Co., Ltd. IwaiCosmo Securities Co., Ltd. Mito Securities Co., Ltd. Nishi-Nippon City Tokai Tokyo Securities Co., Ltd. | Nomura Securities Co., Ltd. Daiwa Securities Co. Ltd. |
| 18. Trustee | Aozora Bank, Ltd. | - |
| 19. Fiscal agent | - | Mizuho Bank, Ltd. |
| 20. Credit rating | A (Japan Credit Rating Agency, Ltd.) | |
| 21. Use of proceeds | To be allocated to the redemption of domestic bonds (JPY 500.0 billion) and foreign currency denominated bonds (JPY 72.4 billion), both maturing in April 2025, and the remaining amount to a part of the installment for the acquisition of Arm Holdings plc shares from SoftBank Vision Fund 1 in August 2023. | |
SBG will present the “Otosan (Father of Shirato Family) Cheer Captain 2-Piece Travel Pouch Set” to all purchasers of the 65th unsecured straight corporate bond during the offering period. Shipments are expected in early September, 2025. Please look forward to it.
Note:
This press release is related to the offering 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.
-
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.
