April 18, 2022
For Immediate Release
Real Estate Investment Trust Securities Issuer
Star Asia Investment Corporation
Representative: Atsushi Kato, Executive Officer(Code: 3468)
Asset Management Company
Star Asia Investment Management Co., Ltd.
Representative:
Atsushi Kato
President and CEO
Contact:
Akiko Kanno
Director and CFO
TEL: +81-3-5425-1340

Notice Concerning Debt Financing (Determination of Loan Interest Rate)
Star Asia Investment Corporation (“SAR”) announces today that the interest rate of the following loan
announced in “Notice Concerning Debt Financing” on April 18, 2022 (the “Debt Financing”), has been
determined. Details are as follows.
1.

Details of the Debt Financing
Method of Borrowings: Borrowings under individual term loan agreements from the lenders described below.
(Scheduled contract date: April 18, 2022)
BorrowingamountPrincipal
Repayment
Date(Note 5)

Lenders

Long-term
borrowings

A syndicate oflenders with
Sumitomo Mitsui
Banking
Corporation andMizuho Bank, Ltd.
As arrangers(Note 2)

(Note 1)

Borrowings with repayment periods exceeding 1 year are classified as “long-term”.

(Note 2)The syndicate of lenders consists of Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd., Shinsei Bank,

3,150
million yen

Interest rate
(Note 4)

Expected
Date ofborrowing

Term(Note 1)

Fixed

0.90672%(Note 4)

April 20,2022

May 31,2027

Repayment
methodSecurity

Lump sum
repayment on
principal
repayment
date(Note 6)

UnsecuredandUnguaranteed

Limited., Sumitomo Mitsui Trust Bank, Limited., Aozora Bank, Ltd., and Resona Bank, Limited,.
(Note3)Financing fees and other charges payable to the lenders are not included.

(Note 4)

These first interest payment date is May 31, 2022, and thereafter, interest payment dates shall fall on the last dayof every 3 months and on the principal repayment date. However, if such day is a non-business day, the interest
payment date shall be the immediately following business day, or if such day falls in the next month, the interest
payment date shall be the immediately preceding business day.

(Note 5)

If the principal repayment date is not a business day, repayment shall be made on the next following business
day; however, if such date falls in the next month, repayment shall be made on the immediately precedingbusiness day.

(Note 6)

If certain conditions, such as advance notification in writing by SAR, are met during the period between the date1

of borrowing and the principal repayment date, SAR may prepay the borrowed amounts either in whole or in partprior to maturity.
(Note 7)

Certain financial covenants, such as stipulating that certain financial figures should be maintained based on assets
and liabilities, are expected to be established for the Debt Financing.

2.

Other matters required for investors to appropriately understand and evaluate the above information
Concerning the risks pertaining to the repayment of the Debt Financing, there are no changes to “Part
1. Fund Information, I. Overview of the Fund, 3. Investment Risks” stated in the securities report(Japanese only) submitted on October 28, 2021.
* Star Asia Investment Corporation website address: http://starasia-reit.com/en/

This is an English translation of the announcement in Japanese dated April 18, 2022. However, no assurance orwarranties are given for the completeness or accuracy of this English translation.

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