Press Releases 2011

Issue of the 36th Unsecured Straight Corporate Bond and the 37th Unsecured Straight Corporate Bond

June 3, 2011
SOFTBANK CORP.

SOFTBANK CORP. (the “Company”) announces that it has determined the following terms and conditions for the issuance of its 36th unsecured straight corporate bond (also known as the “Fukuoka SoftBank HAWKS Bond”) and 37th unsecured straight corporate bond.

1. The 36th Unsecured Straight Corporate Bond

1. Bond name 36th SOFTBANK CORP. Unsecured Straight Corporate Bond with inter-bond pari passu clause
2. Total amount of issue JPY 100 billion
3. Denomination per bond JPY 1 million
4. Coupon rate 1.00% per annum
5. Issue price 100% of the principal amount
6. Redemption price 100% of the principal amount
7. Maturity and redemption (a) Maturity date June 17, 2016 (5 years)
(b) 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.
8. Coupon payment dates June 17 and December 17 of each year
9. Offering period June 6, 2011 to June 16, 2011
10. Closing date June 17, 2011
11. Method of offering Offering to the general public
12. Collateral No collateral or guarantee is pledged and no assets are specifically reserved to secure these bonds.
13. Covenants Negative pledge clause and clause for transformation from unsecured to secured status
14. Underwriters Nomura Securities Co., Ltd.
Daiwa Securities Capital Markets Co. Ltd.
SMBC Nikko Securities Inc.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Mizuho Securities Co., Ltd.
SBI SECURITIES Co., Ltd.
Okasan Securities Co., Ltd.
Cosmo Securities Co., Ltd.
Tokai Tokyo Securities Co., Ltd.
15. Place for handling subscriptions Head office and domestic branches of underwriters
16. Trustee Aozora Bank, Ltd.
17. Application of Act on Transfer of Company Bonds, Shares, etc. The Act on the Transfer of Company Bonds, Shares, etc. will apply to these bonds.
18. Book-entry transfer institution Japan Securities Depository Center, Inc.
19. Rating A- (Japan Credit Rating Agency, Ltd.)
20. Use of proceeds Redemption of bonds, repayment of borrowings, and payments relating to the December 2010 acquisition of preferred stock issued by a consolidated subsidiary
[Notes]
  • *Regarding the 36th unsecured straight corporate bond, the Company prepares gifts (sports towels (Imabari Towel) featuring the “White Family” father the cheerleader) for all subscribers to this bond. The Company will also hold a prize drawing for such bond subscribers, where 20 lucky couples (40 people) will win a pair of tickets and one night's hotel accommodation for two for the Fukuoka SoftBank HAWKS' 2012 season home opening game.
  • *Imabari Towel is a registered trademark of the Shikoku Towel Industrial Association.

2. The 37th Unsecured Straight Corporate Bond

1. Bond name 37th SOFTBANK CORP. Unsecured Straight Corporate Bond with inter-bond pari passu clause
2. Total amount of issue JPY 30 billion
3. Denomination per bond JPY 100 million
4. Coupon rate 0.65% per annum
5. Issue price 100% of the principal amount
6. Redemption price 100% of the principal amount
7. Maturity and redemption (a) Maturity date June 10, 2014 (3 years)
(b) 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.
8. Coupon payment dates June 10 and December 10 of each year
9. Offering period June 3, 2011
10. Closing date June 10, 2011
11. Method of offering Offering to the general public
12. Collateral No collateral or guarantee is pledged and no assets are specifically reserved to secure these bonds.
13. Covenants Negative pledge clause
14. Underwriters Mizuho Securities Co., Ltd.
Citigroup Global Markets Japan Inc.
Merrill Lynch Japan Securities Co., Ltd
Barclays Capital Japan Limited
15. Place for handling subscriptions Head office and domestic branches of underwriters
16. Trustee Mizuho Corporate Bank, Ltd.
17. Application of Act on Transfer of Company Bonds, Shares, etc. The Act on the Transfer of Company Bonds, Shares, etc. will apply to these bonds.
18. Book-entry transfer institution Japan Securities Depository Center, Inc.
19. Rating A- (Japan Credit Rating Agency, Ltd.)
20. Use of proceeds Repayment of borrowings

This press release relates 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 laws, customary practices and documentation of 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 applicable 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.