Mitsubishi Estate Logistics REIT Investment: Notice Regarding Debt Financing (Including Green Loan)

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September 10, 2021

For immediate release

Real Estate Investment Trust Issuer

1-6-5 Marunouchi, Chiyoda-ku, Tokyo

Mitsubishi Estate Logistics REIT Investment Corporation

Representative: Ken Takanashi, Executive Director

(Securities code: 3481)

Asset management company

Mitsubishi Jisho Investment Advisors, Inc.

Representing:

Haruhiko Araki, President and CEO

Contact:

Ken Takanashi, Director, General Manager,

Logistics REIT Management Department

PHONE: + 81-3-3218-0030

Notice regarding debt financing (including green loan)

Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) today announces its decision to obtain debt financing (the “Loans”), as set out below:

1. Loan details

Category

Lender

Loan

Interest rate

Loan

Borrowing method

Refund

Refund

Collateral

(Note 1)

Rising

(Note 2)

Dated

Dated

Method

(million yen)

(Note 3)

Mizuho Bank, Ltd.

0.3738%

Borrow on the basis of a

September 14

Paid in

(Green loan)

720

individual term loan

(fixed rate)

2028

Insecure

Long-

(Note 4)

September 14

agreement dated September 10,

full

and no-

2021

2021, concluded with

on

term

Development bank

0.4400%

September 14

guaranteed

1491

the lenders indicated

maturity

from Japan

(fixed rate)

2029

to the left

Remarks:

  1. “Long term”means borrowings due within a period exceeding one year from the date of borrowing. It will be the same below.
  2. The first interest payment date is October 29, 2021. Thereafter, the interest payment date will be the last day of January, April, July and October up to and including the repayment date. An interest payment date will be either the next business day if the date falls on a non-working day or the previous working day if the repayment date fell in the following calendar month.
  3. The repayment date will be the next business day if the date falls on a day non-working day or the previous working day if the date is postponed to the following month.
  4. The total amount of the loan from Mizuho Bank, Ltd. will be contracted in the form of a green loan (“the green loan”). The Green Loan will be applied to the repayment of the loans necessary for the acquisition of specified assets (Logicross Fukuoka Hisayama, LOGIPORT Sagamihara, LOGIPORT Hashimoto, MJ Logipark Kazo1) which meet the criteria (Green Eligible Assets) in accordance with the Green Finance Framework formulated by MEL. For more details on green finance (including green loans), please refer to the ‘Green Finance’ page on the MEL website at: https://mel-reit.co.jp/en/esg/greenfinance.html

2. Justification of loans

The proceeds from the loans will be used to repay the following loans with a repayment date of September 14, 2021.

Loan

Refund

Category

Lender

Rising

Interest rate

Date of borrowing

Repayment date

Collateral

(million yen)

Method

Long-

Mizuho Bank, Ltd.

720

0.3263%

September 14

September 14

Fully paid

Insecure

on

and no-

Development bank

term

1491

(fixed rate)

2017

2021

from Japan

maturity

guaranteed

3. Additional information for investors

For the risks associated with borrowings, there has been no change in “I. Fund Information, 1. Fund Status, 3. Investment Risks” indicated in the securities report filed on May 28, 2021 ( in Japanese only).

1

(Reference)

Debt balance after borrowing

(Unit: Millions of

yen)

Before

After

Variance

borrowings

borrowings

Short-term loans (To note)

900

900

Long term loans

56,374

56,374

Total borrowings

57,274

57,274

Investment company bonds

2,000

2,000

Total borrowings and

59,274

59,274

Investment company bonds

Note: “short-term” refers to borrowings due within one year of the borrowing date.

For more information on Mitsubishi Estate Logistics REIT Investment Corporation, please visit: https://mel-reit.co.jp/en/

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Disclaimer

Mitsubishi Estate Logistics REIT Investment Corporation published this content on September 10, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on September 10, 2021 06:11:05 AM UTC.

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