Asia Tech & New Economy
Asian technology and communications issuers.
The Asia Tech & New Economy screen is currently dominated by Japanese and Hong Kong communications issuers offering compelling dollardenominated yields amidst ongoing regional digital infrastructure expansion. Credit quality within the screened universe spans investmentgrade and highyield tiers, highlighted by SoftBank's senior paper offering yields ranging from approximately 8.7% to 9.8% across various maturities extending out to 2036. Relative value opportunities are also underscored by unique structural outliers such as HKT Group Holdings' 2030 paper, presenting institutional investors with distinct riskadjusted return profiles across the telecommunications spectrum.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HKT Capital No.1 Ltd. | …4082 | 0 | 22.814 | 100.5 | 2030-01-15 | BBB | USD | 300MM | |
| 2 | Softbank Group Corp. | …6676 | 6.875 | 9.957 | 97.3022143 | 2167-07-19 | 2027-07-19 | B+ | USD | 1.75BN |
| 3 | Softbank Group Corp. | …AC70 | 9.75 | 9.761 | 99.9266585 | 2034-04-01 | 2034-01-01 | BB+ | USD | 4.5BN |
| 4 | Softbank Group Corp. | …7427 | 8.25 | 9.743 | 90.4590152 | 2065-10-29 | 2035-07-29 | B+ | USD | 1.1BN |
| 5 | Softbank Group Corp. | …7005 | 7.625 | 9.523 | 92.0028 | 2061-04-29 | 2031-01-29 | B+ | USD | 900MM |
| 6 | Softbank Group Corp. | …AB97 | 9.25 | 9.249 | 99.9873836 | 2032-04-01 | 2032-01-01 | BB+ | USD | 4.5BN |
| 7 | Softbank Group Corp. | …9169 | 8.5 | 9.072 | 96.4121429 | 2036-04-22 | 2036-01-23 | BB+ | USD | 500MM |
| 8 | Softbank Group Corp. | …8864 | 8.25 | 8.958 | 97.2023913 | 2031-10-22 | 2031-07-24 | BB+ | USD | 600MM |
| 9 | Softbank Group Corp. | …2355 | 7.5 | 8.95 | 91.345 | 2035-07-10 | 2035-04-10 | BB+ | USD | 500MM |
| 10 | Softbank Group Corp. | …2272 | 7.25 | 8.7 | 93.5776858 | 2032-07-10 | 2032-04-11 | BB+ | USD | 600MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.