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.
- 2 -