March 26, 2024
For Immediate Release
Real Estate Investment Trust
Japan Logistics Fund, Inc. (Security Code: 8967)
Representative: Seiichi Suzuki, Executive DirectorAsset Management Company
Mitsui & Co., Logistics Partners Ltd.
Representative: Seiichi Suzuki, President & CEO
Contact: Shintaro Miyata, Finance & IR Dept.
TEL +81-3-3238-7171

Notice Concerning Borrowing Capital (Refinancing with green loan)
Japan Logistics Fund Inc. (hereafter referred to as “JLF”) announced that it has decided to raise funds through thebank loan as detailed below.
The loan will be executed based on the Green Finance Framework established by JLF (hereafter referred to as “GreenLoan”).
Through dialogue with lenders and institutional investors who are interested in ESG, JLF will further promote ESG
initiatives by grasping the expected level of ESG and reflecting the content in its asset management.
1．Use of Proceeds
Proceeds will be used to repay existing loan due March 29, 2024 (Please refer to “The Bank Loan to be Repaid”).
2．Details of the New Loan
LenderSumitomo Mitsui
Trust Bank, Limited(Green Loan)

Amount ofloanInterest rate1,000
millionyen

1- month JPY TIBOR
by Japanese BankersAssociation(Note 1, Note 2)+ 0.33%

Term ofloan

Borrowing
dateRepayment
date

Assets to beappropriated(Note 3)(Note 4)

7.0
years

March 29,2024

March 31,2031

Sagamihara
Logistics Center(Note 1) Please refer to Japanese Bankers Association TIBOR administration’s website (https://www.jbatibor.or.jp/english/rate/) for
more information regarding JPY TIBOR of Japanese Bankers Association.
(Note 2) Applicable debt cost of the loan will be substantially fixed by an interest rate swap agreement.
(Note 3) If the repayment date is not a business day, it will be the next business day. If such date falls in the next month, it will be thebusiness day immediately before the repayment date.
(Note 4) Please refer to the (Press Release for Reference) at the end of this release for details of the targets for the appropriation offunds. For details on green finance (including green loans), please refer to the "Green Finance" page of JLF website(https://8967.jp/en/esg/green_finance.html).
(Note 5) Unsecured/non-guaranteed, lump-sum payment on the repayment day.

13．The Bank Loan to be Repaid
Amount ofLenderloan
Sumitomo Mitsui
Trust Bank, Limited

1,000
million yen

Interest rate

Term ofloan

Borrowing
dateRepaymentdate

1- month JPY TIBOR
by Japanese Bankers
Association + 0.19%

9.0years

March 31,2015

March 29,2024(Note 1) For further details of the bank loan, please refer to (Press Releases for Reference).

4．Balance of the interest-bearing debt after borrowing and repayment(Millions of yen)
Beforethe new loan
Short-term loans
Long-term loans(Current portion of the above long-term loans)
Total loansInvestment corporation bonds(Current portion of the above bonds)
Total interest-bearing debt
（Green Loans）（Green Bonds）

106,000
6,500
106,000
13,700119,700
14,0002,000

After
the new loan

Increase/decrease

106,000
5,500
106,000
13,700119,700
15,0002,000±0-1,000±0±0±0+1,000±05．Other
Regarding risks related to borrowing and repayment of the loan, there is no change from the description of“Investment Risks” described on a Securities Registration Statement (Japanese) submitted on October 30, 2023.
(End)(Press Release for Reference)- Notice Concerning Borrowing Capital on March 26, 2015
- Notice Concerning Acquisition and Lease Initiation of New Assets (2 Properties) on September 11, 2014
*JLF’s website: https://8967.jp/en/
This notice is the English translation of the announcement in Japanese on our website. However, no assurance
or warranties are given for the completeness or accuracy of this English translation.

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