April 21, 2022
For Immediate Release
REIT Securities Issuer
Hoshino Resorts REIT, Inc.
Representative: Kenji Akimoto, Executive Director
(Code: 3287)
Asset Management Company
Hoshino Resort Asset Management Co., Ltd.
Representative: Kenji Akimoto, President & CEO
Contact: Takahiro Kabuki, Director & CFO
TEL: +81-3-5159-6338
Notice Concerning Extension of Contract Period of Commitment Line
Hoshino Resorts REIT, Inc. (hereinafter "HRR") announces the determination today of the extension of the contract period of the commitment line announced in "Notice Concerning Establishment of Commitment Line" on April 24, 2018 as follows.
1. Details of Extension of the Contract Period
Current termination date of the contract period: May 1, 2022 Extended termination date of the contract period: May 1, 2023
2. Details of Current Commitment Line Contract Subject to Contract Period Extension
1)Lenders
MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd., Resona Bank, Limited
2)Maximum amount of lending
5,000,000,000 yen
3)Contract date
April 27, 2018
4)Commencement date of commitment
April 27, 2018
5)Termination date of commitment
May 1, 2022 (Note)
6)Collateral
Unsecured/Unguaranteed
7)Use of funds
Repayment of loans (including redemption of investment corporation bonds)
(Note) Although the original termination date of commitment was May 1, 2019, the contract period was extended in April
2019, April 2020, and April 2021.
3. Other Matters Necessary for Investors to Appropriately Understand and Evaluate the Provided
Information
There is no change to the content of "Risks in Investment" set forth in HRR's Securities Report submitted on January 27, 2022, with respect to the risks pertaining to the extension of the contract period of commitment line.
"Notice Concerning Establishment of Commitment Line" on April 24, 2018
"Notice Concerning Extension of Contract Period of Commitment Line" on April 17, 2019
"Notice Concerning Extension of Contract Period of Commitment Line" on April 23, 2020
"Notice Concerning Extension of Contract Period of Commitment Line" on April 23, 2021
* Hoshino Resorts REIT, Inc. website address:https://www.hoshinoresorts-reit.com/en/
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Disclaimer
Hoshino Resorts REIT Inc. published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 06:29:08 UTC.