SOFTBANK CORP to Issue 36th Unsecured Straight Corporate Bond
OREANDA-NEWS. June 06, 2011. 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 Bond1. 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]
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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.
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Imabari Towel is a registered trademark of the Shikoku Towel Industrial Association.
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