Investor Presentaiton
Financial Improvements: Repurchase of Bonds
Repurchased corporate bonds under ¥4.5T Program.
SoftBank
Group
Provided opportunity for both domestic and oversea bondholders to subscribe.
.
Repurchase of foreign currency-denominated
senior notes (Mar 2021)
Much larger than the Jan 2019 purchases
(approx. $1B1).
Absorbed 17% of foreign currency-denominated
senior notes balance
Amended certain provisions of indentures to match
the current business model as an investment holding
company in parallel (Received about 80% consents.)
Face value
repurchased
USD-denominated: $978M
EUR-denominated: €898M
Total: $2,031M
(\224.9B *2)
•
Repurchase of domestic bonds
(Jul 2020)
First-ever repurchase of domestic retail bonds
Largest-ever repurchase of domestic bonds
• SBG's credit spread on track to tighten
Face value
repurchased
¥167.6B
(Repurchased
the full amount applied)
Total face value repurchased: ¥392.5B
*1 Translated at an exchange rate at the time of execution: $1.1379/ €
*2 Translated at an exchange rate as of March 31, 2021: ¥110.71/ $, ¥129.80/ €
Finance 24View entire presentation