[Softbank Corp. Group will redeem 2 billion US dollars of bonds to mitigate extension risk] Softbank Corp. Group said in a statement on the 29th that it plans to redeem 2 billion US dollars of permanent dollar bonds on the first redemption date on July 19. because it fulfilled its previous promise to buy back such bonds in advance. The company sold 222 billion yen ($1.6 billion) of bonds in Japan in April and indicated at the time that part of the proceeds would be used to redeem dollar debt. Buybacks will help ease investors' concerns that callable bills are still outstanding.