Asia Tech & New Economy
Asian technology and communications issuers.
The Asia Tech & New Economy screen is currently dominated by highbeta Japanese communications issuance and select regional telecom names, offering professional fixedincome investors compelling entry points across the capital structure. SoftBank dominates the upper tiers of the screening output, with senior and hybrid tranches like the 9.75% 2034 and 8.25% 2031 notes delivering robust yieldstoworst hovering around 9.0% to 9.9% against BB+ ratings. Meanwhile, highly distressed outliers such as the HKTGH 2030 zerocoupon issue trade at a theoretical doubledigit YTW of 22.8%, presenting distinct tactical opportunities for desks willing to navigate idiosyncratic credit risk within the broader Asian tech and communications space.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HKT Capital No.1 Ltd. | …4082 | 0 | 22.814 | 100.67 | 2030-01-15 | BBB | USD | 300MM | |
| 2 | Softbank Group Corp. | …6676 | 6.875 | 9.971 | 97.1716154 | 2167-07-19 | 2027-07-19 | B+ | USD | 1.75BN |
| 3 | Softbank Group Corp. | …AC70 | 9.75 | 9.93 | 99.0503247 | 2034-04-01 | 2034-01-01 | BB+ | USD | 4.5BN |
| 4 | Softbank Group Corp. | …7005 | 7.625 | 9.541 | 91.826 | 2061-04-29 | 2031-01-29 | B+ | USD | 900MM |
| 5 | Softbank Group Corp. | …AB97 | 9.25 | 9.453 | 99.1379871 | 2032-04-01 | 2032-01-01 | BB+ | USD | 4.5BN |
| 6 | Softbank Group Corp. | …7427 | 8.25 | 9.206 | 89.9286873 | 2065-10-29 | 2035-07-29 | B+ | USD | 1.1BN |
| 7 | Softbank Group Corp. | …9169 | 8.5 | 9.096 | 96.2640527 | 2036-04-22 | 2036-01-23 | BB+ | USD | 500MM |
| 8 | Softbank Group Corp. | …8864 | 8.25 | 8.993 | 97.0673078 | 2031-10-22 | 2031-07-24 | BB+ | USD | 600MM |
| 9 | Softbank Group Corp. | …2355 | 7.5 | 8.972 | 91.2291667 | 2035-07-10 | 2035-04-10 | BB+ | USD | 500MM |
| 10 | Softbank Group Corp. | …2272 | 7.25 | 8.72 | 93.4984849 | 2032-07-10 | 2032-04-11 | BB+ | USD | 600MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.