By
Translation of Japanese Original January 29, 2013
To All Concerned Parties
REIT Issuer: Kenedix Realty Investment Corporation
2-2-9 Shimbashi, Minato-ku, Tokyo
Naokatsu Uchida, Executive Director
(Securities Code: 8972)
Asset Management Company: Kenedix Office Partners, Inc. Naokatsu Uchida, CEO and President Inquiries:
Hikaru Teramoto Director / General Manager, Financial Planning Division TEL.: +81-3-3519-3491
Notice Concerning Debt Financing (Series 81)
Kenedix Realty Investment Corporation ("the Investment Corporation") today announced its decision to undertake debt financing (total of ¥1,200 million). Details are provided as follows.
1. Rationale
The Investment Corporation has decided to execute debt financing agreement to apply the funds toward the repayment of Series 68-A (total of ¥1,200 million) with a repayment date of January 31, 2013.
Note: For details, please refer to the press release "Notice Concerning Debt Financing (Series 68) and Interest-Rate
Swap Agreement," dated January 27, 2012 for Series 68-A.
Short-Term Borrowing (Series 81)
(1) | Lender | : | Mitsubishi UFJ Trust and Banking Corporation |
(2) | Amount | : | ¥1,200 million |
(3) | Interest Rate | : | Base rate (JPY TIBOR for 3-month in JBA) + 0.45% (Note) |
(4) | Drawdown Date | : | January 31, 2013 |
(5) | Debt Financing Method | : | The Investment Corporation execute d an individual debt financing agreement with the aforementioned lender on January 29, 2013 |
(6) | Interest Payment Date | : | First interest payment on April 30, 2013, and at the end of every three month (on the last business day of each month, if the end of each month is a non-business day) thereafter, and last interest payment on January 31, 2014. |
(7) | Repayment Date | : | January 31, 2014 |
(8) | Repayment Method | : | Principal repayment in full on maturity |
(9) | Collateral | : | Unsecured, unguaranteed |
Note: The base rate for the period commencing January 31, 2013 through April 30, 2013 is 0.74417%. (As of January 29, 2013, Japanese Yen TIBOR for 3-month is 0.29417%)
Thereafter, the base rate shall be calculated based on Japanese Yen TIBOR for 3-month which Japanese
Bankers Association (JBA) releases two business days before each interest payment date .
You can find Japanese Yen TIBOR of JBA on website of JBA (http://www.zenginkyo.or.jp/ en/tibor/
