Key facts
- SoftBank Group will offer retail bonds with a 4.75% coupon rate.
- The total value of the bond offering is 1 trillion yen ($6.4 billion).
- This is the largest retail bond offering by a Japanese company.
SoftBank Group prices 1 trillion yen retail bond at 4.75% coupon
IN SHORT
SoftBank Group has set a coupon rate of 4.75% for its 1 trillion yen retail bond offering, the highest for the company's straight bonds in 17 years. The offering is the largest by a Japanese company targeting retail investors.
Key Numbers
1 trillion yenretail bond offering size
$6.4 billionretail bond offering size in USD
4.75%coupon rate for retail bond
17 yearshighest coupon rate in
Who's Involved
SoftBank Group
issuer of 1 trillion yen retail bond
Masayoshi Son
Chairman and CEO of SoftBank Group
NTT Finance
issuer of comparable retail bond
↳ Why This Matters
The issuance highlights SoftBank's strategy to leverage higher interest rate environments for funding and marks a significant move in the Japanese retail bond market, potentially paving the way for other large corporate offerings.