Investor Presentaiton
SBG Standalone Interest-bearing Debt*1
SBG standalone interest-bearing debt
(excluding non-recourse debt) remains flat.
Main variance factors from Dec 31, 2020
Issuance of domestic hybrid bonds (Feb): +\177.0B
Borrowing using Alibaba shares (Mar): +$8.1B
SoftBank
Group
13,023.3
(\B)
Repurchase of foreign currency-denominated senior notes (Mar):
-\224.9B
11,218.9
4,735.9
9,803.6
9,319.8
3,599.1
8,281.3
Non-recourse
3,446.1
to SBG
2,861.9
1
1,718.3
1,866.5
1,528.8
Short-term borrowings by SB Northstar (+¥293.9 B)
Breakdown as of Mar 31, 2021
(\B)
SBG borrowings
Bank loan
1,068.9
Hybrid loan
Others
Subtotal
83.3
0.7
1,152.9
SBG bonds and CPs
Domestic senior bonds
2,222.2
Domestic subordinated/hybrid bonds
1,404.0
Foreign currency bonds
1,119.3
CPs
246.5
6,562.9
Subtotal
4,992.0
6,357.6
6,093.6
6,091.0
6,420.8
SBG lease liabilities
13.4
Subsidiaries' debt
Financial liabilities relating to prepaid forward contracts 3,085.71
Margin loan (non-recourse to SBG*2)
Mar' 20
Jun' 20
Sep' 20
Dec' 20
Mar' 21
*1 Includes only interest-bearing debt and lease liabilities to third parties.
*2 Out of the margin loan of $4.38 billion in total using T-Mobile shares as collateral, $2.36 billion is accounted as the amount
borrowed through non-recourse asset-back financing. Because SBG has, as an exception, guaranteed a portion of the margin
loan, the $2.02 billion cap on the guaranteed obligations is deducted from the total amount. As a precondition for SBG to fulfill
its guarantee obligations, the lenders are obligated to first recover, to the maximum extent possible, from Alibaba shares held
that have been pledged by SBG as collateral for the margin loan.
SB Northstar
Others
Subtotal
(recourse to SBG*2)
1,650.21
223.9
1,866.5
38.6
6,864.9
Total 13,023.3
Finance 31View entire presentation