SoftBank Group to Redeem All 2.875% Euro Notes Due 2027 at Par

SoftBank Group Corp. said in an announcement dated 9 أكتوبر 2026 that it will redeem all of its outstanding euro-denominated 2.875% senior notes due 6 يناير 2027 at par on 22 أكتوبر 2026, retiring the series ahead of its stated maturity. The redemption covers the full 405,103,000 euros of outstanding principal on the notes, which the company issued on 6 يوليو 2021.

According to the announcement, the redemption price is 100.00% of principal and the redemption will be carried out in accordance with the notes’ terms and conditions. The notes carry an interest rate of 2.875% per annum and a maturity date of 6 يناير 2027. The total outstanding principal and the total principal amount of redemption are both 405,103,000 euros; the company is redeeming the series in full.

Under the terms SoftBank set for the notes in 2021, the company may redeem them in whole or in part at 100% of principal at any time on or after the date 90 days before the maturity date, or earlier at 100% of principal plus a “make-whole” premium. The redemption announced on 9 أكتوبر 2026 is set at the par level provided for in those terms.

Terms of the يوليو 2021 Offering

The notes being redeemed were part of a foreign-currency senior notes offering whose terms SoftBank determined on 30 يونيو 2021 and announced on 1 يوليو 2021, spanning U.S. dollar tranches due 2025, 2026, 2028 and 2031 and euro tranches due 2024, 2027, 2029 and 2032. According to the issuance announcement of 1 يوليو 2021, the euro tranche due 2027 totaled 800 million euros at issuance, equivalent to 105.3 billion yen at an exchange rate of EUR 1.00 = JPY 131.63, and was priced at 100% of principal with a 5.5-year term. Interest is payable semi-annually in arrears on January 6 and July 6 each year, and redemption at maturity was set at 100% of principal on 6 يناير 2027.

The senior notes carried no collateral and no guarantee, and the 2021 announcement gave them a rating of BB+ from Standard & Poor’s Financial Services LLC. The notes were listed on Singapore Exchange Securities Trading Limited and offered in overseas securities markets, including Europe and Asia, outside Japan and the United States, with offerees limited to institutional investors excluding U.S. persons. Deutsche Bank AG (DB ) London Branch, Barclays Bank PLC and The Hongkong and Shanghai Banking Corporation Limited acted as joint global coordinators. Joint bookrunners were Merrill Lynch International, J.P. Morgan Securities plc, Nomura International plc, Mizuho International plc, Crédit Agricole Corporate and Investment Bank, Citigroup Global Markets Limited, Goldman Sachs (GS ) International and ING Bank N.V. Singapore Branch, alongside other co-managers.

SoftBank said in the 2021 announcement that the proceeds would be used for repayment of indebtedness, including short-term and long-term indebtedness, and for general corporate purposes, including the maintenance of a cash position for redemption of outstanding notes due over the next two years and for new investments.

SoftBank’s Bond Table as of 30 يونيو 2026

SoftBank’s investor-relations bond table, dated as of 30 يونيو 2026, listed the euro-denominated senior notes due يناير 2027 with an outstanding balance of 437 million euros and a balance-sheet balance of 77,786 million yen. The 9 أكتوبر 2026 announcement states the total outstanding principal of the series as 405,103,000 euros.

The 30 يونيو 2026 table listed the other outstanding tranches of the يوليو 2021 issuance at the following balances: the 4.625% U.S. dollar notes due 6 يوليو 2028 at 773 million U.S. dollars; the 3.375% euro notes due 6 يوليو 2029 at 473 million euros; the 5.250% U.S. dollar notes due 6 يوليو 2031 at 1,305 million dollars; and the 3.875% euro notes due 6 يوليو 2032 at 425 million euros. The table put total SoftBank Group stand-alone corporate bonds and commercial paper at 9,131,141 million yen.

The planned redemption follows the early retirement of another tranche from the same 2021 issuance. In a 10 يونيو 2026 announcement, SoftBank said it had completed, as of 9 يونيو 2026, the early redemption of its U.S. dollar-denominated 4.000% senior notes due 6 يوليو 2026, which were also issued in 2021. The company said those notes were “fully redeemed and canceled,” with none left outstanding, and referenced its earlier announcement dated 28 مايو 2026.