Translation of Japanese Original
To All Concerned Parties
October 27, 2023
REIT Issuer:
Kenedix Office Investment Corporation
Hiroaki Momoi, Executive Director
(Securities Code: 8972)
Asset Management Company:
Kenedix Real Estate Fund Management, Inc.
Hikaru Teramoto, President & CEO
Inquiries:
Tomoya Shigaki
Head of Strategic Planning,
Office REIT Department
TEL: +81-3-5157-6010
Notice Concerning Debt Financing (Interest Rate Determination) (Series 204)
Kenedix Office Investment Corporation ("the Investment Corporation") announced today, that regarding the debt financing which was disclosed in the press release, "Notice Concerning Debt Financing (Series 204)" dated October 25, 2023, the undecided matters were determined.
Please see below for the details, where the today's decided matters are underlined.
1. Outline of Debt Financing
Amount | Interest Rate | Contract | Drawdown | Principal | Collateral | ||
Series | Lender | Repayment | Repayment | ||||
(Note) | Date | Date | |||||
Date (Note) | Method | ||||||
1,000 | 0.88875% | ||||||
Resona Bank, Limited. | million | ||||||
(Fixed interest rate) | Unsecured, | ||||||
yen | October 31, | ||||||
204-B | unguaranteed | ||||||
1,000 | 2028 | ||||||
0.83875% | October 27, | October 31, | ・ | ||||
Daiwa Next Bank, Ltd. | million | Repayment | |||||
(Fixed interest rate) | 2023 | 2023 | |||||
yen | of principal | ||||||
in full on | |||||||
1,500 | |||||||
Development Bank of | 1.11548% | March 31, | maturity date | ||||
204-C | million | ||||||
Japan Inc. | (Fixed interest rate) | 2030 | |||||
yen | |||||||
Note: The first interest payment of Series 204-B is due at the end of January 2023, and on the last day of every 3 month thereafter with the principal repayment day. The first interest payment of Series 204-C is on December 29, 2023, and on the last day of every 3 month thereafter with the principal repayment day If each interest payment day or the principal repayment day is a non-business day, then the interest payment or the principal repayment will be due on the next business day and if that next business day is in the next month, then previous business day will be applied.
2. Other
For risks concerning the repayment, etc. of the aforementioned debt financing, there are no significant changes to the "Investment Risks" as described in the Securities Report (submitted on July 28, 2023).
The Investment Corporation's website: https://www.kdo-reit.com/en/
This notice is the English translation of the Japanese announcement on our website released on October 27, 2023. However, no assurance or warranties are given for the completeness or accuracy of this English translation.
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Disclaimer
Kenedix Office Investment Corporation published this content on 27 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2023 08:13:59 UTC.