TIDM56ID

RNS Number : 9039V

Softbank Corp

20 January 2012

January 20, 2012

SOFTBANK CORP.

Issue of the 38(th) Unsecured Straight Corporate Bond

SOFTBANK CORP. announces that it has determined the following terms and conditions for the issuance of its 38(th) unsecured straight corporate bond with inter-bond pari passu clause as follows.

 
1.   Total amount            JPY 50 billion 
      of issue 
---  ---------------------  ----------------------------------------------------- 
2.   Denomination            JPY 100 million 
      per bond 
---  ---------------------  ----------------------------------------------------- 
3.   Coupon rate             0.42% per annum 
---  ---------------------  ----------------------------------------------------- 
4.   Issue price             100% of the principal amount 
---  ---------------------  ----------------------------------------------------- 
5.   Redemption              100% of the principal amount 
      price 
---  ---------------------  ----------------------------------------------------- 
6.   Term                    2 years 
---  ---------------------  ----------------------------------------------------- 
7.   Maturity date           January 27, 2014 
     ---------------------  ----------------------------------------------------- 
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.   Coupon payment          January 27 and July 27 of each year 
      dates 
---  ---------------------  ----------------------------------------------------- 
10.  Offering period         January 20, 2012 
---  ---------------------  ----------------------------------------------------- 
11.  Closing date            January 27, 2012 
---  ---------------------  ----------------------------------------------------- 
12   Method of               Offering to the general public in Japan 
      offering 
---  ---------------------  ----------------------------------------------------- 
13   Collateral              No collateral or guarantee is pledged and 
                              no assets are specifically reserved to secure 
                              these bonds. 
---  ---------------------  ----------------------------------------------------- 
14   Covenants               Negative pledge clause 
---  ---------------------  ----------------------------------------------------- 
15.  Underwriters            Daiwa Securities Capital Markets Co. Ltd. 
                              Nomura Securities Co., Ltd. 
                              SMBC Nikko Securities Inc. 
---  ---------------------  ----------------------------------------------------- 
16   Fiscal agent            Mizuho Corporate Bank, Ltd. 
---  ---------------------  ----------------------------------------------------- 
17   Book-entry              Japan Securities Depository Center, Inc. 
      transfer institution 
---  ---------------------  ----------------------------------------------------- 
18.  Rating                  A- (Japan Credit Rating Agency, Ltd.) 
---  ---------------------  ----------------------------------------------------- 
19.  Use of proceeds         Redemption of bonds and 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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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