SoftBank Results Presentation Deck
Financial Improvements: Repurchase of Bonds
Repurchased corporate bonds under ¥4.5T Program.
Provided opportunity for both domestic and oversea bondholders to subscribe.
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Repurchase of foreign currency- denominated
senior notes (Mar 2021)
Much larger than the Jan 2019 purchases.
(approx. $1B*¹).
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: $2,031 M
(¥224.9B¹2)
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*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/ €
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SoftBank
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
Total face value repurchased: ¥392.5B
¥167.6B
(Repurchased
the full amount applied)
Group
Finance 24View entire presentation