Translation of Japanese Original
October 23, 2020
To All Concerned Parties
REIT Issuer:
Kenedix Office Investment Corporation
Jiro Takeda, Executive Director(Securities Code: 8972)
Asset Management Company:
Kenedix Real Estate Fund Management, Inc.
Masahiko Tajima, President & CEO
Inquiries:
Hiroaki Momoi
Head of Planning Division
Office REIT Department
TEL: +81-3-5157-6010

Notice Concerning Partial Prepayment of Borrowing (Series 172-A)
Kenedix Office Investment Corporation (“the Investment Corporation”) has announced today, that the Investment
Corporation decided to undertake partial prepayment of borrowings.
Please see below for the details.
1. Outline of Planned Prepayment of Borrowings
SeriesLender

Balance ofBorrowings

Prepayment
AmountBalance
afterPrepayment

Drawdown
Date

Principal
Repayment
Date

PlannedPrepayment
Date

Collateral

172-A

Sumitomo
Mitsui
Banking
Corporation

3,000
millionyen

1,000
millionyen

2,000
millionyen

March 12,2020

February 28,
2021

October 30,
2020

Unsecured,
unguaranteed

Note: For outlines of the borrowings, please refer to the press release, “Notice Concerning Debt Financing (Series 172) and Execution of anInterest Rate Swap Agreement” dated March 10, 2020

2. Fund for PrepaymentSeries172-A to be prepaid is borrowing that was financed for the purpose of allocation to the acquisition funds
for KDX Musashi-Kosugi Building, refinanced thereafter. The prepayment of this borrowing is planned to be
funded from proceeds of “Kenedix Office Investment Corporation Twelfth Series Unsecured Investment
Corporation Bonds (Ranking pari passu among specified investment corporation bonds) (Green Bonds)”(Note) issued on October 20, 2020.
Note: For details on the issuance of investment corporation bonds, please refer to the press release, “Notice Concerning Issuance of Investment
Corporation Bonds (Green Bonds)” dated October 14, 2020.

3. Status of Borrowings and Investment Corporation Bonds after the Prepayment and the Debt Financing（Note 1） (as of October 30, 2020)(Millions of yen)Classification

Balance before
the Prepayment and theDebt Financing

Balance after
the Prepayment and theDebt Financing

Short-Term Borrowings (Note 2)

13,50012,500Long-Term Borrowings (Note 3)

Difference-1,000178,250

178,2500Total Borrowings

191,750

190,750-1,000Investment Corporation Bonds

11,00011,0000202,750

201,750-1,000Total Borrowings and Investment Corporation Bonds

Note 1: For details on the debt financing, please refer to the press release, “Notice Concerning Debt Financing (Series 178) andExecution of Interest Rate Swap Agreements” dated today.
Note 2: Short-term borrowings refer to debt financing with a period less than or equal to one year from the drawdown date to theprincipal repayment date. However, the borrowings for which the period until the principal rep ayment date have surpassed one

1year because the principal repayment date after one year from the drawdown date is not a business day, and for which theprincipal repayment date has been moved to a different business day, are included in short -term borrowings.
Note 3: Long-term borrowings refer to debt financing with a period more than one year from the drawdown date to the principal
repayment date.

4. Other
For risks concerning the repayment, etc. of the aforementioned debt financing, there are no significant changes to the“Investment Risks” as described in the Securities Report (submitted on July 30, 2020).

The Investment Corporation’s website: https://www.kdo-reit.com/en/
This notice is the English translation of the Japanese announcement on our website released on October 23, 2020. However, noassurance or warranties are given for the completeness or accuracy of this English translation.

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