Ntt Ud Reit Investment CorporationTSE: 8956

Notice Concerning Early Repayment of Term Loans

· Issued by NTT UD REIT Investment Corporation


For Immediate Release

REIT Issuer

NTT UD REIT Investment Corporation 1-5-1 Otemachi, Chiyoda Ward, Tokyo

June 24, 2025

Executive Director Kazuhiro Kimura (Securities Code 8956)

Asset Management Company

NTT Urban Development Asset Management Corporation President & CEO Yasutake Horinouchi [Contact]

Head of Investor Relations Office Natsuko Matsuda

TEL: +81-3-6262-9400

Notice Concerning Early Repayment of Term Loans

NTT UD REIT Investment Corporation (the "NUD") hereby announces the decision made concerning early repayment of loans (the "Repayment") as described below.

  1. Details of the Repayment

    1. Repayment Date (scheduled) : June 30, 2025

    2. Summary of Borrowings for Repayment (1,700 million yen in short-term loans)

      Contract Number (Term loan)

      Lender

      Amount of loans (million yen)

      Amount of Repayment (million yen)

      Amount of Loans after Repayment (million yen)

      Borrowing date

      Repayment Date

      Interest Rate, etc

      (Note)

      Borrowing

      160

      MUFG Bank, Ltd.

      300

      △300

      -

      March 31,

      2025

      March 31,

      2026

      Floating rate: 0.74364％

      Unsecured/ non-guaranteed

      161

      Sumitomo Mitsui Banking Corporation

      300

      △300

      -

      Floating rate: 0.76364％

      NTT TC Leasing Co., Ltd.

      300

      △300

      -

      164

      Sumitomo Mitsui Trust Bank, Limited

      1,000

      △400

      600

      April 30,

      2025

      April 30,

      2026

      Floating rate: 0.73364％

      Mizuho Bank, Ltd.

      1,000

      △400

      600

      (Note) The stated interest rate is applicable for the period from May 31, 2025 to June 30, 2025.

  2. Outstanding Interest-Bearing Liabilities after the Repayment

    (million yen)

    Prior to

    the Repayment

    After

    the Repayment

    Variation

    Short-term loans



    Long-term loans

    9,700



    132,050

    8,000



    132,050



    △1,700

    -

    Total loans

    141,750

    140,050

    △1,700

    Corporate bonds

    7,200

    7,200

    -

    Total interest-bearing liabilities

    148,950

    147,250

    △1,700

  3. Funding for Repayment

    NUD will make the Repayment by using a part of the proceeds from the transfer of an office building scheduled for sale on June 30, 2025 (Note).

    (Note) Reference: "Notice Concerning Transfer of Trust Beneficiary Interests in Domestic Real Estate" dated May 30, 2025.

  4. Other Matters Required for Investors to Appropriately Understand and Evaluate the Above Information

There will be no change to the content of "Chapter 1. Fund information / Part 1. Fund status / 3 Investment Risk / (2) Risk Related to Product Design and Related Parties / (iv) Risk Related to Loans and Investment Corporation Bonds" described in NUD's Securities Report filed on January 30, 2025, due to the Repayment.

* NUD's website is https://nud-reit.co.jp/en/

** Neither NUD nor NTT Urban Development Asset Management Corporation makes any assurance or warranty with respect to the completeness or accuracy of this English translation. For more complete and accurate information, please refer to the original announcement in Japanese.