Asia Tech & New Economy
Asian technology and communications issuers.
The Asia Tech & New Economy screen is currently dominated by Japanese communications issuance, offering professional fixedincome investors highbeta exposure with compelling doubledigit return potential. Credit profiles span the BB+ to B+ rating spectrum, currently pricing in significant risk premiums that elevate yields to attractive entry points across the intermediate and long duration curve. Yieldtoworst metrics are exceptionally robust for the sector, led by longerdated and deeply structures such as the SOFTBK 6.875% offering a 9.958% YTW, alongside senior unsecured tranches like the SOFTBK 9.75% maturing in April 2034 at 9.554% YTW.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Softbank Group Corp. | …6676 | 6.875 | 9.958 | 97.2752501 | 2167-07-19 | 2027-07-19 | B+ | USD | 1.75BN |
| 2 | Softbank Group Corp. | …AC70 | 9.75 | 9.554 | 101 | 2034-04-01 | 2034-01-01 | BB+ | USD | 4.5BN |
| 3 | Softbank Group Corp. | …9169 | 8.5 | 9.389 | 94.4954862 | 2036-04-22 | 2036-01-23 | BB+ | USD | 500MM |
| 4 | Softbank Group Corp. | …7427 | 8.25 | 9.344 | 88.6237408 | 2065-10-29 | 2035-07-29 | B+ | USD | 1.1BN |
| 5 | Softbank Group Corp. | …2355 | 7.5 | 9.234 | 89.7657747 | 2035-07-10 | 2035-04-10 | BB+ | USD | 500MM |
| 6 | Softbank Group Corp. | …8864 | 8.25 | 9.164 | 96.4083743 | 2031-10-22 | 2031-07-24 | BB+ | USD | 600MM |
| 7 | Softbank Group Corp. | …4112 | 6.875 | 8.966 | 92.8048451 | 2031-01-10 | 2030-10-12 | BB+ | USD | 600MM |
| 8 | Softbank Group Corp. | …2272 | 7.25 | 8.953 | 92.5132379 | 2032-07-10 | 2032-04-11 | BB+ | USD | 600MM |
| 9 | Softbank Group Corp. | …AB97 | 9.25 | 8.943 | 101.25 | 2032-04-01 | 2032-01-01 | BB+ | USD | 4.5BN |
| 10 | Softbank Group Corp. | …2818 | 7 | 8.599 | 93.9125 | 2031-07-08 | 2031-04-09 | BB+ | USD | 500MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.