[SoftBank Plans to Issue Approximately $1.6 Billion in Subordinated Bonds, Primarily Targeting Retail Investors] Deep Tide TechFlow reports that on May 25, according to Bloomberg, SoftBank Group Corp. plans to raise approximately $1.6 billion through a new round of subordinated bond issuance primarily targeting retail investors. Documents show that the bond has a 35-year term, with the issuer having the option to exercise a call after 5 years. The pricing date for this issuance is set for June 5, with the coupon rate guidance range for the first 5 years between 4.8% and 5.6%. This marks SoftBank's second similar retail bond issuance in approximately two months.