May 20, 2020
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.
Hideyuki Isobe, President & CEO
Inquiries: Akira Nemoto
General Manager of Financial Department
TEL: +81-3-6234-3234

MHR Announces Information on Borrowings
Mori Hills REIT Investment Corporation (hereafter “MHR”) concluded today the followingborrowings.
1. Purpose of Borrowings
To be used as refinancing of 7,022 million yen in long-term loans payable due May 29, 2020
(hereafter “Existing Long-term Loans Payable”) (Note).
(Note) Please refer to the press releases “MHR Announces Information on Borrowings” dated May 26, 2014
and “MHR Announces Information on Borrowings” dated July 9, 2014 for details.

2. Details of Borrowings
Lender(anticipated)

BorrowingamountInterest
rate(million yen)

(Note 1)

Sumitomo
Mitsui Trust
Bank,
Limited834

MUFG Bank,
Ltd.

2,816

Resona Bank,
Limited.

830

Sumitomo
MitsuiBankingCorporation

1,134

Mizuho Bank,Ltd.

1,408

Base
interestrate+0.180%Baseinterest
rate+0.150%
Baseinterest
rate+0.180%
Baseinterest
rate+0.345%
Baseinterest
rate+0.250%

Scheduled
drawdown
date

Repaymentdate(Note 2)

Method ofrepayment

Collateral

To berepaid infull on theprincipal
repayment
date

Unsecured/
Unguaranteed

May 31,
2025

May 31,
2027

May 29,2020

May 31,
2028

November30, 2028

May 31,2029

1

(Note 1) The first payment date shall be the last day of August 2020 and subsequent payment dates shall be
the last day of February, May, August, and November every year thereafter. The last payment dateshall be the principal repayment date. If the date is not a business day, the next business day shallbe the date and if this next business day falls into the following month, the business day prior shallbe the payment date.
Base interest rate to be applied will be the 3-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 3-month JBA Japanese Yen TIBOR can be confirmed on thewebsite of General Incorporated Association JBA TIBOR Administration(http://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.

3. Amount of Funds, Use of Funds and Scheduled Payment Period(1) Amount of funds to be procured: 7,022 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 Payableb) Amount:
7,022 million yenc) Scheduled payment period:May 29, 2020
4. Borrowings, etc. after the Borrowings(Unit: millions of yen)

Beforethe Borrowings

Afterthe Borrowings

ChangeLong-term loans payable

162,222

162,222－

Investment corporation bonds

17,00017,000－Total interest-bearing debt

179,222

179,222－(Note) Long-term loans payable and investment corporation bonds include the current portion of long-termloans payable within a year and investment corporation bonds.

5. Other Items Required for Investors to Appropriately Understand/Judge the ConcernedInformation
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 twenty-seventh fiscal
period submitted on April 24, 2020 as a result of the Borrowings.
MHR’s website address is https://www.mori-hills-reit.co.jp/en/2