Business
Issue of the 27thUnsecured St
Issue of the 27thUnsecured St.
About this update from Satsuma Technology Plc
[{"type":"text","content":"\n RNS Number : 7839S Softbank Corp 26 May 2009 \n \nMay 26, 2009\n\n\n\nIssue of the 27th Unsecured Straight Corporate Bond \n\n SOFTBANK CORP. (the 'Company') announces that it has determined the terms and conditions of the issue of its 27th unsecured straight corporate bond (also known as 'Fukuoka Softbank Hawks Bond', hereafter the 'Bonds'). \n \nThe Company prepares gifts for all Bond subscribers (Fukuoka Softbank Hawks eco bag), and 20 couples (40 people) can also win a pair of tickets and one night's hotel accommodation for the Hawks' 2010 season home opener by a lucky prize draw.\n\n\nSummary of the 27th SOFTBANK CORP. Unsecured Straight Corporate Bond with inter-bond pari passu clause \n\n\n\n\n\n1.\n\n\nTotal amount of issue\n\n\n：\n\n\nJPY 60 billion\n\n\n\n\n2.\n\n\nDenomination per bond\n\n\n：\n\n\nJPY 1 million\n\n\n\n\n3.\n\n\nCoupon rate\n\n\n：\n\n\n5.10% per annum\n\n\n\n\n4.\n\n\nIssue price\n\n\n：\n\n\nJPY 100 par value\n\n\n\n\n5.\n\n\nTerm to maturity and redemption methods\n\n\n：\n\n\n2 years\n\n\n\n\n\n\n\na.\n\n\nRedemption at maturity\n\n\n\n\n\nThe principal of the Bonds will be redeemed in full on June 10, 2011. \n\n\n\n\n\n\n\nb.\n\n\nRepurchase and redemption\n\n\n\n\n\nBonds may be repurchased for redemption at any time on or after the first day following the closing date, unless otherwise provided for by the book-entry transfer institution.\n\n\n\n\n6.\n\n\nCoupon payment dates\n\n\n：\n\n\nThe 10th of June and December\n\n\n\n\n7.\n\n\nOffering period\n\n\n：\n\n\nFrom May 27, 2009 to June 9, 2009\n\n\n\n\n8.\n\n\nClosing date\n\n\n：\n\n\nJune 11, 2009\n\n\n\n\n9.\n\n\nMethod of offering\n\n\n：\n\n\nOffering to the general public\n\n\n\n\n10．\n\n\nCollateral\n\n\n：\n\n\nNo collateral or guarantee is pledged and no assets are specifically reserved to secure these Bonds. \n\n\n\n\n11．\n\n\nCovenants\n\n\n：\n\n\nNegative pledge clause, clause for transformation from unsecured to secured status, and net worth maintenance clause \n\n\n\n\n12．\n\n\nUnderwriters\n\n\n：\n\n\nMizuho Securities Co., Ltd., Daiwa Securities SMBC Co. Ltd., and SBI SECURITIES Co., Ltd.\n\n\n\n\n13.\n\n\nPlace for handling subsc...