SoftBank Results Presentation Deck
Monetization of T-Mobile Shares
Transaction
a
Borrowings made using 106.3M T-Mobile shares pledged as collateral (margin loan)
Number of shares held as of Jun 30, 2021
b Fund procurement through prepaid forward contracts using 17.9M T-Mobile shares
C Borrowings made using 43.0M T-Mobile shares pledged as collateral (margin loan)
d Repayment of borrowings in "a" using funds acquired in "b" and "c"
e 60-day loan using 45.4M T-Mobile shares pledged as collateral (bridge loan)
f
Sale of 45.4M T-Mobile shares to Deutsche Telekom, receiving 225M Deutsche Telekom shares
as consideration, as a result of the partial exercise of call options by Deutsche Telekom
Number of shares held as of Sep 30, 2021
g Fund procurement through collar transactions using 225M Deutsche Telekom shares
h Repayment of borrowings in "e" using part of the funds acquired in "g"
Number of shares held as of Dec 31, 2021
i Fund procurement through prepaid forward contracts using 6.9M T-Mobile shares
j Partial repayment of borrowings in "c" using part of the funds acquired in "i"
Number of shares held as of Mar 31, 2022
Sale of 21.2M T-Mobile shares to Deutsche Telekom, receiving $2.4B
k
as consideration, as a result of the partial exercise of call options by Deutsche Telekom
|
Partial repayment of borrowings in "c" using part of the funds acquired in "k"
Number of shares held as of Jun 30, 2022
m Repayment of entire outstanding amount borrowed in "c"
Number of shares held as of Sep 30, 2022
* The euro equivalent of the amount procured is €2.64B.
Procured
amount
($ B)
4.38
1.81
2.65
-4.38
1.25
3.04
-1.25
0.68
-0.59
2.40
*
-1.20
-0.87
Execution
timing
Jul 2020
Sep 2021
Oct 2021
Mar 2022
Apr 2022
Aug 2022
=SoftBank
Number of shares held
(millions)
T-Mobile
shares
106.3
-45.4
60.9
60.9
60.9
-21.2
39.8
39.8
Group
Deutsche
Telekom
shares
225.0
225.0
225.0
225.0
225.0
225.0
Accounting 12View entire presentation