Nippon Building Fund Incorporation : Notice Concerning Debt Financing
June 10, 2022 at 07:22 am
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June 10, 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 June 10,
2022 concerning a long-term borrowing:
Description
1. Long-term Borrowing
Amount
Interest
Expected Date of
Methods of Borrowing,
Repayment Due
Lender
Repayment, Security
Borrowed
Rate
Implementation
Date
and Guarantee etc.
Unsecured,
DAIDO LIFE
unguaranteed,
INSURANCE
¥1 billion
0.716%
June 30, 2022
repayable in one lump
June 30,2034
COMPANY
sum on repayment due
date
(Note) Interest Rate is rounded down to the 3rd decimal point.
2. Amount, Use and Expected Date of Expenditure of Proceeds
Amount to be borrowed ¥1 billion
Specific use of proceeds Refinancing of a long-term borrowing
Expected date of expenditure June, 2022
1 -
3. Status of Borrowings etc. following the financing
(Unit: million yen)
Before
After
Increase /
Financing
Financing
Decrease
Short-term borrowings
14,000
14,000
0
Long-term borrowings
36,000
36,000
0
(Floating interest rate)
Long-term borrowings
467,500
467,500
0
(Fixed interest rate)
Bonds
57,000
57,000
0
Total
578,500
578,500
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 June 10, 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 10 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2022 06:21:03 UTC.
Nippon Building Fund Inc. is a Japan-based real estate investment trust (REIT) company. The Fund aims at steady asset growth and stable earnings from mid- to long-term perspectives. It mainly invests in office buildings and its building sites located in the central Tokyo area, other areas in Tokyo and other regional cities in Japan. It also invests in securities and beneficiary certificates. Its asset manager is Nippon Building Fund Management Ltd.