Please find below an issue from Softbank in EUR and USD.
SoftBank Group Corp. provides telecommunication services. The Company also operates ADSL (Asymmetric Digital Subscriber Line) and fiber optic high-speed Internet connection, e-Commerce businesses, and Internet based advertising and auction businesses.
SoftBank makes investments in a variety of ventures in Japan and beyond. Its portfolio holdings extend from mobile and fixed-line telecommunications to Internet commerce and content, technology services, marketing, broadband infrastructure, and more. Most of the company's revenue originates from mobile telephone services it provides in Japan and the US. The company also provides venture capital to technology-related concerns in Asia, Europe, and the US. Holdings include interests in SoftBank Corp., SoftBank Telecom (which was merged into SoftBank Corp. in 2015), SoftBank Commerce & Service Corp., and Yahoo Japan, along with a minority stake in Yahoo!. Altogether, the firm has stakes in 60-plus companies.
NEW ISSUE ALERT
DEAL DETAILS
Issuer: SoftBank Group Corp. (”SOFTBK”)
Guarantor: SoftBank Corp.
Exp. Note Rating: Ba1 (Moody’s) / BB+ (S&P)
Currency & Size: USD/EUR benchmark
Format: Senior Unsecured, Regulation S Only, Registered
Tranche: USD 7yr USD 10yr EUR 8yr EUR 12yr
Size: $bmk $bmk €bmk €bmk
IPTs: 4.875% area 5.375% area 3.500% area 4.625% area
Denoms: 200k+1k 200k+1k 100k+1k 100k+1k
Use of Proceeds: Refinance of certain bank loans and GCP
Listing: Singapore Exchange Securities Trading Limited (“SGX”)
Governing Law: New York Law
JGCs: DB / Citi / GSI / MS
JBR&JLMs: Active: DB / Citi / GSI / MS
Passive: Mizuho / CACIB / JPM / BAML / UBS / BNPP / Barc
Trade Date: As early as tomorrow’s business
Settlement Date: T+5
B&D: DB
NetRoadshow:
www.netroadshow.com/nrs/wp/default.html?show=26Cdd8 (Recommended) OR
Visit
www.netroadshow.com and enter the requested deal entry code: spica2017
(not case-sensitive)
Source: Lead-Manager
PRICE GUIDANCE
7yr $ 4.875% area
10yr $ 5.375% area
8yr € 3.500% area
12yr € 4.625% area
Source: Lead-Manager