Japan Metropolitan Fund Investment: Notice Regarding Debt Financing (Refinancing)

December 10, 2021

To all parties concerned:

Investment company

Japan Metropolitan Fund Investment Corporation

(Tokyo Stock Exchange Company Code: 8953??

Representative: Masahiko Nishida, Executive Director

Url: https://www.jmf-reit.com/english/

Asset management company

Mitsubishi Corp.-UBS Realty Inc.

Representing:	Katsuji Okamoto, President and CEO
Surveys:	Keita Araki, Executive Director and
	Head of the Metropolitan Business Division
	PHONE: + 81-3-5293-7081

Notice regarding debt financing (refinancing)

Japan Metropolitan Fund Investment Corporation (“JMF”) today announced the refinancing of the existing borrowings, as set out below.

1. Refinancing

JMF will refinance the existing loan (loan amount of 2,000 million yen), which will mature on December 21, 2021, as below.

Description of the new loan

					Anticipated	Method
	To lend	To lend			Loan,	Repayment
Lender	Interest rate(To note)	Loan
Quantity	Term	Reimbursement of	Dated
			Dated
					Main
				Base interest rate		Not guaranteed and
Sumitomo Mitsui Trust	2,000			December 21	not guaranteed,	December 21
2 years	Floating	(JBA 1 month yen
Bank, Limited	Million			TIBOR) + 0.150%	2021	lump sum	2023
					repayment

(Note) The base interest rate applied to the interest payable calculation period on the interest payment date will be the 1-month Japanese yen TIBOR on a day two business days before that interest payment date. If this calculation period is less than one month, the base interest rate will be calculated according to the methodology stipulated in the loan contract. For Japanese TIBOR Yen, please refer to JBA TIBOR administration website (http://www.jbatibor.or.jp/english/rate/).

						Method
Lender	To lend	To lend	Interest rate(Note1,2)	Loan	Loan,	Repayment
Quantity	Term	Dated	Reimbursement of	Dated
						Main
				Base interest rate		Not guaranteed and
Sumitomo Mitsui Trust	2,000			June 21st,	not guaranteed,	December 21
2.5 years	Floating	(JBA 1 month yen
Bank, Limited	Million	2019	lump sum	2021
				TIBOR) + 0.170%		repayment

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2. Status of interest-bearing debts after refinancing

						(yen in millions)
			Before		After	Variation
		Short-term loans		6000	6000	0
	Total short-term interest-bearing debt		6000	6000	0
		Long term loans (To note)		479,175	479,175	0
		Corporate bonds		64,500	64,500	0
	Total long-term interest-bearing debt		543 675	543 675	0
	Total corporate loans and bonds		549,675	549,675	0

(Note) The amount of long-term borrowings includes the current portion of long-term borrowings.

This English version is for informational purposes only, and the Japanese version should be considered the original.

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