Business
The 29th Unsecured Straight C
The 29th Unsecured Straight C.
About this update from Satsuma Technology Plc
[{"type":"text","content":"\n RNS Number : 4497Y Softbank Corp 03 September 2009 \n \nSeptember 3, 2009\n\n\n\nIssue of the 29th Unsecured Straight Corporate Bond \n\n SOFTBANK CORP. (hereafter the 'Company') announces that it has determined the terms and conditions of the issue of its 29th unsecured straight corporate bond (also known as 'Fukuoka SoftBank HAWKS Bond', hereafter the 'Bond'). \nThe Company prepares gifts for all Bond subscribers (a pair of White Family father's (a main character of SOFTBANK TV CM) mugs), and 20 couples (40 people) can also win a pair of tickets and one night's hotel accommodation for the HAWKS' 2010 season home opening game by a lucky prize draw.\nThe proceeds of the Bond will be used for repayment of borrowings and redemption of the existing bonds. There will be no change in the Company's policy of reducing the consolidated net interest-bearing debt. \n\n\n\n\n\n\n1.\n\n\n\n\nName of the Bond\n\n\n\n\n29th SOFTBANK CORP. Unsecured Straight Corporate Bond with inter-bond pari passu clause (also known as 'Fukuoka SoftBank HAWKS Bond') \n\n\n\n\n2.\n\n\nTotal amount of issue\n\n\nJPY 65 billion\n\n\n\n\n3.\n\n\nDenomination per bond\n\n\nJPY 1 million\n\n\n\n\n4.\n\n\nCoupon rate\n\n\n4.52% per annum\n\n\n\n\n5.\n\n\n\n\nApplication of Act on Transfer of Company Bonds, etc.\n\n\nThe Act on the Transfer of Corporate Bonds, etc. shall be applicable to the whole Bonds.\n\n\n\n\n\n6.\n\n\nIssue price\n\n\nJPY 100 par value\n\n\n\n\n7.\n\n\nRedemption price\n\n\nJPY 100 par value\n\n\n\n\n8.\n\n\n\nTerm to maturity and redemption methods \n\n\n3 years\n\n\n\n\n\n\n\n\n(1)\n\n\n\nRedemption at maturity\n\n\n\nThe principal of the Bond will be redeemed in full \non September 18, 2012. \n\n\n\n\n\n\n\n\n(2)\n\n\n\n\n\nRepurchase and redemption\n\n\n\n\nBonds may be repurchased for redemption at any time on or after the first day of following the closing date, unless otherwise provided for by the book-entry transfer institution. \n\n\n\n\n9.\n\n\nCoupon payment dates\n\n\nThe 18th of March and September\n\n\n\n\n10.\n\n\nOffering period\n\n\nFrom September 4, 2009 to September 17, 2009\n\n\n\n\n11.\n\n\nClosing date\n\n\nSeptember 18, 2009\n\n\n\n\n12.\n\n\nMethod of offering\n\n\nOffering to the general pub...