SoftBank will redeem two domestic hybrid bonds due 2041 early

Chicago, July 7 – SoftBank Group Corp. issued notice that it will redeem two series of domestic hybrid bonds early.

The ¥55.6 billion of 3% subordinated hybrid bonds due Sept 13, 2041 will be fully redeemed at par on the first optional redemption date, Sept. 16.

Also, the ¥400 billion of third domestic hybrid bonds due Sept 30, 2041 with a subordination provision and a 3% coupon will be fully redeemed on the first optional redemption date on Sept. 30 at par.

Softbank is a Tokyo-based holding company.

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