TOKYO, Mar 30 (Pulse News Wire) – SoftBank Group Corp. (9984.T) announced today that it submitted a corrected issuance registration statement for domestic hybrid bonds (interest deferral provision attached) primarily targeting individual investors.
The total issuance amount is ¥418.0 billion with each bond valued at ¥1 million. The interest rate is fixed for the initial five years and variable thereafter, stepping up by 25 basis points after five years, 5 basis points after twenty years, and 70 basis points after twenty-five years, totaling 100 basis points. The term of the bonds is 35 years, with interest payment dates set for April 22 and October 22 annually, beginning on October 22, 2026. The bonds carry a prepayment option exercisable at the discretion of the company on April 22, 2031 and subsequent interest payment dates. Subscription period runs from April 13, 2026 to April 21, 2026, with funds payable by April 22, 2026. Domestic public offering will be conducted through Nomura Securities Co., Mizuho Securities Co., and SB Investments Securities Co.
Daiwa Securities Co. acts as the lead underwriter, alongside Okasan Securities Co., Mito Securities Co., and Iwai Cosmo Securities Co. Fitch Ratings and S&P Global Ratings Japan have preliminarily recognized the capital-like nature of these hybrid bonds, which will account for a portion of the funding raised. In case of early redemption or buyback, the company plans to refinance with similar capital-like instruments based on its financial condition and impact on ratings. Final issuance conditions, including interest rates, will be determined based on demand by April 10, 2026. The issuance aims to refinance existing hybrid bonds due for optional repayment in June 2026.
Funds raised will be used for general corporate purposes.
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