September 11, 2024
For Immediate Release
Real Estate Investment Trust Securities Issuer
1-6-5 Marunouchi, Chiyoda-ku, Tokyo
Mitsubishi Estate Logistics REIT Investment Corporation
Representative: Ken Takanashi, Executive Director(Securities Code: 3481)
Asset Management Company
Mitsubishi Jisho Investment Advisors, Inc.
Representative: Tetsuya Masuda,President & CEO
Contact:
Ken Takanashi, Executive Officer, General Manager,Logistics REIT Management Department
TEL: +81-3-3218-0030

Notice Concerning Debt Financing
Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) announces today that it has decided to obtain debt
financing (the “Borrowings”), as outlined below:
1.

Details of the Borrowings

Category(Note 1)

LenderBorrowingAmount(Millions of yen)

2,100
Shortterm

Mizuho Bank, Ltd.
3,400

Interest Rate
Base interest
rate(Note 3, 4)+0.0700%(floating rate)
Base interest
rate(Note 3, 5)+0.0700%(floating rate)

Borrowing
Date

September
19, 2024

September
30, 2024

Borrowing Method

Borrowing basedon the overdraft
agreement dated
August 13, 2018,
entered into withthe lender shownon the left

RepaymentDate(Note 2)

RepaymentMethod

Collateral

Paid infull uponmaturity

Unsecuredand nonguaranteed

September
19, 2025

September
30, 2025

Notes:
1.

“Short-term” or “Short-term Borrowings” refers to borrowings due within one year from the borrowing date. The same shall apply hereinafter.

2.

The repayment date will be the following business day if the date falls on a non-business day or the preceding business day if the date carries
over to the next month.

3.

If the base interest rate is negative, it is calculated as 0.

4.

The first interest payment date is October 19, 2024. Thereafter, the interest payment date will be on the 19th of every month until and including therepayment date. An interest payment date will be either the following business day if the date falls on a non-business day or the preceding business
day if the repayment date would fall in the next calendar month. The base interest rate refers to the interest rate (a 365-day-base) of the Japanese
yen Tokyo Interbank Offered Rate (“TIBOR”) for one-month deposits announced by JBA TIBOR Administration (General Incorporated Association) twobusiness days before the borrowing date or the first date of interest period. However, if the interest calculation period is less than one month, thebase interest rate defined in the loan agreements will be applied according to the terms and conditions of the loan agreements. Please refer to JBA
TIBOR Administration’s website (http://www.jbatibor.or.jp/english/) for changes in the JBA Japanese yen TIBOR.

5.

The first interest payment date is October 30, 2024. Thereafter, the interest payment date will be on the 30th of every month until and including therepayment date. An interest payment date will be either the following business day if the date falls on a non-business day or the preceding business
day if the repayment date would fall in the next calendar month. The base interest rate refers to the interest rate (a 365-day-base) of the Japanese
yen Tokyo Interbank Offered Rate (“TIBOR”) for one-month deposits announced by JBA TIBOR Administration (General Incorporated Association) twobusiness days before the borrowing date or the first date of interest period. However, if the interest calculation period is less than one month, thebase interest rate defined in the loan agreements will be applied according to the terms and conditions of the loan agreements. Please refer to JBA
TIBOR Administration’s website (http://www.jbatibor.or.jp/english/) for changes in the JBA Japanese yen TIBOR.

12.

Rationale for the Borrowings
Proceeds from the Borrowings will be applied to the repayment of the following borrowings with a repayment date of
September 19, 2024 and September 30, 2024.

Category

LenderShortterm

Mizuho Bank, Ltd.

BorrowingAmount(Millions of yen)
2,100
3,400

Interest Rate
Base interest rate
+0.0700%(floating rate)

Borrowing Date Repayment Date
September19, 2023September
29 2023

September
19, 2024
September
30, 2024

Repayment
MethodCollateral

Paid in fulluponmaturity

Unsecuredand nonguaranteed

Note: Please refer to the press release “Notice Concerning Debt Financing” dated September 11, 2023 and September 27, 2023.

3.

Additional Information for Investors
For the risks associated with the Borrowing, there have been no changes to “I. Fund Information, 1. Fund Status, 3.
Investment Risks” stated in the Securities Report filed on May 24, 2024 (Japanese only).

(Reference)
Outstanding Debt Balance after the Borrowing(Unit: Millions of yen)

Short-term Borrowings
Long-term Borrowings (Note)
Total Borrowings
Investment Corporation Bonds
Total Borrowings andInvestment Corporation Bonds

Beforethe Borrowings
5,500
103,049
108,549
4,500

After
the Borrowings
5,500
103,049
108,549
4,500

113,049

113,049

Change-Note: “Long-term Borrowings” refers to borrowings due within a period longer than one year from the borrowing date.

This is the English translation of original Japanese documents and is provided solely for information purposes. If there
are any discrepancies between the translation and the Japanese original, the latter shall prevail.
For more information about MEL, please visit:https://mel-reit.co.jp/en/2