August 3, 2020
To all concerned parties:
Investment Corporation
MCUBS MidCity Investment Corporation
Representative: Katsuhiro Tsuchiya, Executive Director
TSE Code: 3227, LEI Code: 353800WZPKHG2SQS1P32 | |
URL: https://www.midcity-reit.com/english/ | |
Asset Management Company | |
Mitsubishi Corp.- UBS Realty Inc. | |
Representative: Katsuji Okamoto, President & CEO | |
Inquiries: | Katsura Matsuo, Head of Office Division |
TEL: +81-3-5293-4150
Notice Concerning Extension of Contract Period of Commitment Line
Regarding the commitment line agreement in the press releases "Notice Concerning Establishment of Commitment Line" dated August 16, 2016 and "Notice Concerning Consent to Partial Transfer of Status as a Party to Commitment Line Agreement" dated December 20, 2016, MCUBS MidCity Investment Corporation announces that it has extended the contract period of the commitment line agreement as below today.
1. Extension of the contract period of the commitment line agreement
Current contract period: | August 18, 2022 | |||
Extended contract period: | August 18, 2023 | |||
2. Outline of current commitment line agreement subject to extension | ||||
(1) | Maximum amount | 15 billion yen | ||
(2) | Date of contract | August 18, 2016 | ||
(3) | Contract period | From August 18, 2019 to August 18, 2022 | ||
(4) | Borrowing period | 1 month to 3 years | ||
(5) | Form of contract | Syndication | ||
Mizuho Bank, Ltd. | ||||
(6) | Participant(s) | Sumitomo Mitsui Trust Bank, Limited | ||
MUFG Bank, Ltd. | ||||
(7) | Collateral, Guarantee | Unsecured, Unguaranteed | ||
The acquisition of new properties including related expenses, the | ||||
(8) | Use of the fund | renovation and the repair of owned properties, the return of the tenant | ||
leasehold and security deposits and the repayment of interest-bearing | ||||
debts |
This English language release is for informational purposes only, and the Japanese language release should be referred to as the original.
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MCUBS MidCity Investment Corporation published this content on 03 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2020 06:02:10 UTC