January 26, 2018
To all concerned parties:
Investment Corporation
Japan Retail Fund Investment Corporation (Tokyo Stock Exchange Company Code: 8953)
Representative: Shuichi Namba, Executive Director
URL:http://www.jrf-reit.com/english/
Asset Management Company
Mitsubishi Corp.-UBS Realty Inc.
Representative: Toru Tsuji, President & CEOInquiries:Keita Araki, Head of Retail Division
TEL: +81-3-5293-7081
Notice Concerning Debt Financing (Refinancing)
Japan Retail Fund Investment Corporation ("JRF") announced today the refinancing of existing borrowings as outlined below.
1. Refinancing
JRF will refinance two existing loans from Sumitomo Mitsui Banking Corporation (borrowing period of 1 year, borrowing amount of 2.5 billion yen) and Mizuho Bank, Ltd. (borrowing period of 1 year, borrowing amount of 1 billion yen), which reach maturity on January 31, 2018 with loans of 1 year on January 31, 2018.
Description of New Loans
Lender | Loan Amount | Loan Term | Interest Rate | Anticipated Borrowing Date | Method of Borrowing, Repayment of Principal | Repayment Date | |
Sumitomo Mitsui Banking Corporation | ¥ 2.5 billion | 1 year | Floating | Base interest rate (JBA 1-month yen TIBOR) + 0.12% | January 31, 2018 | Unsecured and unguaranteed, lump sum repayment | January 31, 2019 |
Mizuho Bank, Ltd. | ¥ 1 billion | 1 year | Floating | Base interest rate (JBA 1-month yen TIBOR) + 0.09% | January 31, 2018 | January 31, 2019 |
Reference: Description of Existing Loans Subject to Repayment
Lender | Loan Amount | Loan Term | Interest Rate | Borrowing Date | Method of Borrowing, Repayment of Principal | Repayment Date | |
Sumitomo Mitsui Banking Corporation | ¥ 2.5 billion | 1 year | Floating | Base interest rate (JBA 1-month yen TIBOR) + 0.12% | January 31, 2017 | Unsecured and unguaranteed, lump sum repayment | January 31, 2018 |
Mizuho Bank, Ltd. | ¥ 1 billion | 1 year | Floating | Base interest rate (JBA 1-month yen TIBOR) + 0.09% | January 31, 2017 | January 31, 2018 |
2. Status of Interest-Bearing Debts After Refinancing
(Yen in millions)Before
After
Short-Term Borrowings | 0 | 0 | 0 |
Total Short-Term Interest-Bearing Debt | 0 | 0 | 0 |
Long-Term Borrowings | 369,691 | 369,691 | 0 |
Corporate Bonds | 29,500 | 29,500 | 0 |
Total Long-Term Interest-Bearing Debt | 399,191 | 399,191 | 0 |
Total Borrowings and Corporate Bonds | 399,191 | 399,191 | 0 |
(Note)Long-term borrowing amount includes the current portion of long-term borrowings and the new loans as the loan terms of the new loans are more than one year.
This English language release is for informational purposes only, and the Japanese language release should be referred to as the original.
Japan Retail Fund Investment Corporation published this content on 26 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 January 2018 06:34:00 UTC.
Original documenthttp://contents.xj-storage.jp/xcontents/89530/ad31421a/b371/4672/b266/ea67c04942cd/140120180126456745.pdf
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