April 25, 2022
To All Concerned Parties
Name of REIT Issuer:
Nippon Building Fund Inc.
Koichi Nishiyama, Executive Director
(TSE Code : 8951)
Contact:
Asset Management Company
Nippon Building Fund Management Ltd.
Eiichiro Onozawa, President and CEO
Person to Contact:
Yukio Handa, General Manager
(TEL. +81-3-3516-3370)
Notice Concerning Debt Financing
Nippon Building Fund Inc. ("NBF") hereby provides notice that the following was decided as of April 25, 2022 concerning long-term borrowings:
Description
1. Long-term Borrowing
Lender | Amount Borrowed | Interest Rate | Expected Date of Implementation | Methods of Borrowing, Repayment, Security and Guarantee etc. | Repayment Due Date |
Daishi Hokuetsu Bank,Ltd. | ¥2 billion | 0.32% | April 27, 2022 | Unsecured, unguaranteed, repayable in one lump sum on repayment due date | April 27, 2029 |
The Keiyo Bank,Ltd. | ¥1 billion | 0.45% | April 27, 2032 |
2. Amount, Use and Expected Date of Expenditure of Proceeds
(1) Amount to be borrowed
Total ¥3 billion
(2) Specific use of proceeds Refinancing of a long-term borrowing
(3) Expected date of expenditure
April, 2022
3. Status of Borrowings etc. following the financing
(Unit: million yen)
Before Financing | After Financing | Increase / Decrease | |
Short-term borrowings | 36,000 | 36,000 | 0 |
Long-term borrowings (Floating interest rate) | 26,000 | 26,000 | 0 |
Long-term borrowings (Fixed interest rate) | 467,500 | 467,500 | 0 |
Bonds | 57,000 | 57,000 | 0 |
Total | 586,500 | 586,500 | 0 |
4. Other Matters Required for Investors to Appropriately Understand and Evaluate the Above
Information
There is no change to the content of "Investment Risks" of the Securities Report submitted on March 30, 2022 with respect to the risks involved in repayment etc. of the current debt financing.
End
This English language notice is a translation of the Japanese language notice dated April 25, 2022 and was prepared solely for the convenience of, and reference by, overseas investors. Neither NBF nor Nippon Building Fund Management Ltd. makes any warranties as to its accuracy or completeness.
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Disclaimer
Nippon Building Fund Inc. published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 07:38:02 UTC.