January 23, 2024
Provisional translation only

Fukuoka REIT Corporation
1-2-25 Sumiyoshi, Hakata Ward, Fukuoka City
Zenji Koike
Executive Director(Securities Code: 8968)
Asset Management Company:
Fukuoka Realty Co., Ltd.
1-2-25 Sumiyoshi, Hakata Ward, Fukuoka City
Zenji Koike
President and CEO
Inquiries:
Hiroyuki Ayabe
Executive Officer and General Manager
Finance Department
TEL: +81-(0)92-272-3900
Notice Concerning Borrowing of Funds

Fukuoka REIT Corporation (FRC) announces that it will conduct the borrowing of funds, as described below.
1. Borrowing of funds
1) Reason for borrowing
Refinancing on existing borrowing2) Outline of borrowing
Borrowing 1 (short-term debt)
1. Lender:
2. Amount:
3. Interest rate:
4. Borrowing date:
5. Borrowing method:
6. Repayment date:
7. Repayment method:
8. Description:
Borrowing 2 (short-term debt)
1. Lender:
2. Amount:
3. Interest rate:
4. Borrowing date:
5. Borrowing method:
6. Repayment date:
7. Repayment method:
8. Description:

The Nishi-Nippon City Bank, Ltd., Resona Bank, Limited, The Oita
Bank, Ltd., The Bank of Nagasaki, Ltd., The Bank of Saga, Ltd.
1.1 billion yen
Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.35% (Note 1)
January 31, 2024
Submitted loan application form based on commitment line contract asof February 28, 2023.
February 29, 2024
Lump-sum upon maturity
No collateral, No guarantee

The Bank of Fukuoka Ltd., Resona Bank, Limited
0.9 billion yen
Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.35% (Note1)
January 31, 2024
Submitted loan application form based on commitment line contractchange agreement as of July 31, 2023
February 29, 2024
Lump-sum upon maturity
No collateral, No guarantee(Note 1) The applied base interest rate is the JBA 1-month Japanese Yen TIBOR two business days before the borrowing-1-date. Moreover, JBA Japanese Yen TIBOR can be checked on the website of JBA TIBOR Administration.
http://www.jbatibor.or.jp/english/rate/3) Outline of refinancing
Borrowing 1 (short-term debt)
1. Lender:
2. Amount:
3. Interest rate:
4. Borrowing date:
5. Borrowing method:
6. Repayment date:
7. Repayment method:
8. Description:
Borrowing 2 (short-term debt)
1. Lender:
2. Amount:
3. Interest rate:
4. Borrowing date:
5. Borrowing method:
6. Repayment date:
7. Repayment method:
8. Description:

The Nishi-Nippon City Bank, Ltd., Resona Bank, Limited,
The Oita Bank, Ltd., The Bank of Nagasaki, Ltd., The Bank of Saga, Ltd.
1.1 billion yen
Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.35%
December 29, 2023
Submitted loan application form based on commitment line contract asof February 28, 2023.
January 31, 2024
Lump-sum upon maturity
No collateral, No guarantee
The Bank of Fukuoka Ltd., Resona Bank, Limited
0.9 billion yen
Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.35%
December 29, 2023
Submitted loan application form based on commitment line contractchange agreement as of July 31, 2023
January 31, 2024
Lump-sum upon maturity
No collateral, No guarantee

2. Status of Debt after Borrowing(mm yen)
Before borrowing

After borrowing

Short-term debt (Note2)

2,000

2,000

0

Long-term debt

93,85093,8500［5,200］［5,200］［0］Total

95,85095,8500Investment corporation bonds

3,000

3,0000Total Interest-bearing debt

98,85098,8500Of which, long-term debt payable due within
one yearChange(Note2) The borrowings are used from committed credit line [13,000 mm yen]

3. Others
Concerning risks related to repayments of this borrowing, etc., there are no material changes from the“Investment risks” disclosed in the latest Securities Report for the 38th Fiscal Period (submitted on November
29, 2023).
*FRC’s website is Fukuoka REIT Corporation (fukuoka-reit.jp)-2-