Translation Purpose Only
September 17, 2024

To All Concerned Parties

6-8-7 Ginza, Chuo-ku, TokyoFrontier Real Estate Investment Corporation
Toshihide Ichikawa, Executive Director(Securities Code: 8964)
Asset Management Company:
Mitsui Fudosan Frontier REIT Management Inc.
Shigekazu Yokochi
Chief Executive Officer and Representative
Director
Inquiries:
Mitsui Fudosan Frontier REIT Management Inc.
Teruyuki Hayashi
Chief Finance Officer and Director
Tel: +81-3-3289-0440

Notice Concerning Execution and Repayment of Long-term Borrowing
Frontier Real Estate Investment Corporation (the “Investment Corporation”) hereby announces that today
it has decided to execute long-term borrowing. The Investment Corporation, additionally, announces it
would repay long-term borrowing on September 19, 2024. Details are provided below.
1.

Execution of Long-term Borrowing(1) Purpose
To appropriate for the repayment of long-term borrowing as of February 28, 2018.
(2) Details① Drawdown Date

: September 19, 2024

② Repayment of Principal: Payment in full on the maturity date

③ Loan Type: Unsecured, Unguaranteed④ Lender, Amount, Maturity Date and Interest Rate:
LenderAmountMizuho Bank, Ltd.

￥1,500 Million

Maturity Date

Interest Rate

September 17,

Base interest rate (1-month JBA Japanese2032

Yen TIBOR) +0.23000%(*)(*) Interest payment dates are the 19th of every month and the maturity date (if such date is not a business day, the following businessday). Interest rate is calculated based on the 1-month JBA Japanese Yen TIBOR which is announced two business days prior to thefirst day of the applicable period. (The 1-month JBA Japanese Yen TIBOR as of September 17, 2024 is 0.35182%.)
Please refer to the JBA TIBOR Administration’s website (http://www.jbatibor.or.jp/english/) for the 1-month JBA Japanese Yen TIBOR.

2.

Repayment of Long-term Borrowing
Details of the repayment of long-term borrowing on September 19, 2024 are as follows.
LenderMizuho Bank, Ltd.

3.

Borrowing

Drawdown

Maturity

Repayment

AmountDate

Dateof Principal

February 28,

September 19,

2018

2024

￥1,500 Million

Loan Type

Payment in fullon the maturity
date

Unsecured
Unguaranteed

Change in the Balance of Borrowings etc.

(Unit : ￥Million)
BeforeAfterThis refinanceThis refinance

Short-term Borrowings－－－Long-term Borrowings

114,200114,200－

13,50013,500－127,700

127,700－

Investment CorporationBonds
TotalVariance(*) Long-term Borrowings include the balance of borrowings due within one year.

4.

OthersRegarding the loan repayment risk, there is no significant change to the “Investment risks” description in thelatest securities report submitted on March 28, 2024.

Frontier Real Estate Investment Corporation website: https://www.frontier-reit.co.jp/en/

Disclaimer
This information was originally publicized in the original Japanese language and has been translated for reference purposes
only. Frontier Real Estate Investment Corporation guarantees neither the completeness nor the accuracy of this Englishtranslation. For complete and accurate information, please refer to the press release in Japanese. In addition, this press releaseis not prepared as an inducement or invitation for investment. All readers are advised to consult their own investment advisors
before investing in the Investment Corporation. Investment decisions are made at the investor’s sole discretion and responsibility
and are made at their own risk. The Investment Corporation and its affiliates disclaim any responsibility or liability for theconsequence of investment in the Investment Corporation.