August 21, 2024
For Translation Purposes Only
Real Estate Investment Fund Issuer:
Mori Hills REIT Investment Corporation(Securities Code: 3234)
1-12-32 Akasaka, Minato-ku, Tokyo
Hideyuki Isobe, Executive Director
Asset Manager:
Mori Building Investment Management Co., Ltd.
Hiroyuki Yamamoto, President & CEO
Inquiries: Hitomi Ohishi
General Manager of Administration Department
and General Manager of Planning Department
TEL: +81-3-6234-3234
MHR Announces Information on Borrowings (including Green Loans)
Mori Hills REIT Investment Corporation (hereinafter “MHR”) concluded today the followingborrowings.
1. Purpose of Borrowings
To be used as a portion of the refinancing of 5,600 million yen in long-term loans payable due
August 30, 2024 (hereinafter “Existing Long-term Loans Payable”) (Note).
(Note) Please refer to the press releases “MHR Announces Information on Borrowings and Prepayment ofBorrowings” dated August 22, 2018 for details.

2. Details of Borrowings
Lender(anticipated)(Note 3)

MizuhoBank, Ltd.

The Bank ofFukuoka,Ltd.

Borrowingamount(millionyen)

Interestrate(Note 1)

3,000

Base
interest
rate+0.200%

1,300

Base
interest
rate+0.300%

Scheduled
drawdown
date

Repaymentdate(Note 2)

August 31,
2030
August 30,
2024
August 31,
2033

Method ofrepayment

Collateral

To berepaid infull on theUnsecured/principal Unguaranteed
repaymentdate(Note 1) The first payment date shall be the last day of September 2024 and subsequent payment dates shallbe the last day of every month thereafter. The last payment date shall be the principal repayment
date. If the date is not a business day, the next business day shall be the date and if this next business
day falls into the following month, the business day prior shall be the payment date.
Base interest rate to be applied will be the 1-month JBA Japanese Yen TIBOR announced by theJapanese Bankers Association two business days prior to the last payment day (The first payment
date shall be the drawdown date). The 1-month JBA Japanese Yen TIBOR can be confirmed on thewebsite of General Incorporated Association JBA TIBOR Administration(https://www.jbatibor.or.jp/english/).
(Note 2) If the repayment date is not a business day, the next business day shall be the repayment date. If thisnext business day falls into the following month, the business day prior shall be the repayment date.
(Note 3) The Borrowings are to be procured as green loans (hereinafter “Green Loans”).
Based on the green finance framework (hereinafter “Framework”) formulated by MHR, the funds

1

procured through the Green Loans are planned to be disbursed as part of funds for refinancing theborrowings associated with the funds for the acquisition of Toranomon Hills Mori Tower etc., being
assets that meet the eligibility criteria.
For details on Framework, please refer to the MHR's website below.
https://www.mori-hillsreit.co.jp/en/outline/Sustainability/environment_initiatives/green_finance/tabid/421/Default.aspx

3. Amount of Funds, Use of Funds and Scheduled Payment Period(1) Amount of funds to be procured: 4,300 million yen(2) Specific use of funds and scheduled payment perioda) Specific use of funds:
To be disbursed as funds for refinancing of theExisting Long-term Loans Payable (Note)b) Amount:
4,300 million yenc) Scheduled payment period:
August 30, 2024
(Note) The difference of 1,300 million yen between the total amount of the Borrowings and the Existing
Long-term Loans Payable is planned to be reimbursed by cash on hand.

4. Borrowings, etc. after the Borrowings(Unit: millions of yen)

Beforethe Borrowings

Afterthe Borrowings

ChangeLong-term loans payable

166,322

165,022△1,300Investment corporation bonds

23,60023,6000Total interest-bearing debt

189,922

188,622△1,300(Note) Long-term loans payable and investment corporation bonds include the current portion of long-termloans payable and investment corporation bonds within a year.

5. Other Items Required for Investors to Appropriately Understand/Judge the Concerned
Information
There are no changes to the content of “1. Fund Information; 1. Fund Status; 3. Investment
Risks” indicated in the Semiannual Securities Report (Japanese) for the thirty-fifth fiscal
period submitted on April 24, 2024 as a result of the Borrowings.
MHR’s website address is https://www.mori-hills-reit.co.jp/en/2