[For Information Purpose Only]
December 17, 2013
To All Concerned Parties
Name of REIT Issuer:
Invincible Investment Corporation
Naoki Fukuda, Executive Director
Roppongi Hills Mori Tower, 6-10-1 Roppongi,
Minato-ku, Tokyo, Japan(Securities code: 8963)
URL: http: //www.invincible-inv.co.jp/eng/
Asset manager:
Consonant Investment Management Co., Ltd.
Naoki Fukuda, CEOContact: Akiko Watanabe, Manager(Tel. +81-3-5411-2731)

Notice concerning Execution of Loan Agreement on New Borrowing
Invincible Investment Corporation (INV) announced today that it has executed the loan agreement
regarding the new borrowing (New Syndicate Loan (A)) as disclosed in the press release titled“Notice concerning Debt Financing and Payment before Maturity of Existing Borrowings” dated
December 6, 2013.
[Reference] Overview of the New Borrowing
NameLender

New Syndicate
Loan (A)

Sumitomo Mitsui Banking
Corporation
The Bank of Tokyo-Mitsubishi
UFJ, Ltd.
Shinsei Bank, Limited
Citibank Japan Ltd.
Shinsei Trust & Banking Co., Ltd.
(Note1)
Aozora Bank, Ltd.
Total of the new borrowing(Note 1)
(Note 2)

(Note 3)(Note 4)

Scheduledborrowing
dateDecember
20, 2013

Borrowingamount(mn JPY)

Interest rate

Principal
Maturity
Date

20,350One-month JPY TIBOR +spread (1.5%).
As for the first interest
calculation period,
two-month JPY TIBOR +spread (1.5%).
Variable interest rate
* Specific interest rate forthe new borrowing will be
disclosed as soon as it isdetermined.

December20, 2016(Note 2)

20,350Shinsei Trust & Banking Co., Limited is the trustee in the form of a specified money trust, and Platinum CRE
Loan II Investment Limited Partnership holds beneficiary interests for such trust.
Part of the principal will be repaid (JPY 203.5 million per year) on the same date as the interest payment date
and the remainder will be repaid on the Principal Maturity Date. For the detail, please see the press release
titled “Notice concerning Debt Financing and Payment before Maturity of Existing Borrowings” dated December
6, 2013.
Amounts are rounded down to the indicated unit.
Implementation of the New Syndicate Loan (A) is conditional, among other things, on procurement of all funds
scheduled to be raised by the Third-Party Allotment on or prior to the New Borrowing Date (December 20,2013). For the details of the Third-Party Allotment, please see the press release titled “Notice concerning
Issuance of New Investment Units by way of Third-Party Allotment” dated December 6, 2013.

Note: This English language notice is a translation of the Japanese-language notice released on December 17, 2013 and was preparedsolely for the convenience of, and reference by, non-Japanese investors. It is not intended as an inducement or solicitation forinvestment. We caution readers to undertake investment decisions based on their own investigation and responsibility. Thistranslation of the original Japanese-language notice is provided for information purposes only, and no warranties or assurances are given
regarding the accuracy or completeness of this English translation. Readers are urged to read the original Japanese language notice.
In the event of any discrepancy between this translation and the Japanese original, the latter shall prevail in all respects.