For Translation Purposes Only
October 30, 2014
For Immediate Release
Nomura Real Estate Master Fund, Inc.
Takashi Kataoka, Executive Director(Securities Code: 3285)
Asset Management Company:
Nomura Real Estate Asset Management Co., Ltd.
Yasuaki Fukui, President and Chief Executive Officer
Inquiries: Motomi Uki, General Manager, NMF Investment Management
TEL: +81-3-3365-8767
EMAIL: nmf3285@nomura-re.co.jp

Notice Concerning Repayment of Debt Financing
Nomura Real Estate Master Fund, Inc. (“Nomura Master Fund” or the “Fund”) announced that
the Fund will make repay debt financing as stated below.
1. Purpose
Nomura Master Fund has decided to repay the debt financing of ¥3.0 billion by the fundobtained from Nomura Master Fund First Series of Unsecured Investment Corporation Bonds(with pari passu clause among specified investment corporation bonds) (the “Bond”) (Note)issued today and the fund on hand, for the purpose to enhance financial strength throughelongation of loan terms and diversification of funding abilities.
(Note) Please refer to “Notice Concerning Issuance of Investment Corporation Bonds” released on October 24, 2014
for the details of the Bond.

2. Details of Repayment
Following term loan will be repaid in advance to the maturity date. From this advanced
repayment, break funding cost will occur, calculated by the actual days from the following date ofRepayment Date to the following Interest Payment Date.
1.

Lender:2.
3.

AmountLoan Type::

4.

Scheduled Repayment Date:

The Bank of Tokyo-Mitsubishi UFJ, Ltd., Sumitomo Mitsui
Banking Corporation, Mizuho Bank, Ltd.
¥3.0 billion
Borrowings based on the Commitment Line Agreement
contracted on June 11, 2014 (Note)
November 14, 2014(Note)
The detail of the borrowings based on the Commitment Line Agreement is as follows. Also, refer to the“Notice Concerning Debt Financing”, released on September 22, 2014.
- Amount:¥3.0 billion- Interest rate:
Basic interest rate (JBA 1 month JPY TIBOR) +0.50%p.a.
- Drawdown Date:
September 29, 2014
- Repayment Date:
September 26, 2015 (or the following business day if the date is a
non-business day, or the prior business day if the following business date isin the next month)- Terms of Repayment: Lump-sum repayment on the Repayment Date1- Interest Payment Date

- Collateral:

October 26, 2014, the first interest payment date, and 26th of every month
thereafter until August 26, 2015, and the Repayment Date. (or the following
business day if the date is a non-business day, or the prior business day if
the following business date is in the next month)
Unsecured, unguaranteed

3. Status of Interest-bearing Debts after the Issuance and Repayment(¥ million)

Before Issuanceand Repayment

After Issuance andRepayment

Increase/Decrease

Short-term Loan
Long-term Loan
Due Within One Year (Note)
Short-termInterest Bearing Debt Total

7,000

4,000–3,0008585

–

7,085

4,085

–3,000Long-term Loan (Note)
Investment CorporationBonds
Long-term
Interest Bearing Debt Total

90,00790,007––3,000+3,000

90,00793,007+3,000Interest Bearing Debt Total

97,09397,093–(Note) Nature of term is as of the end of the 3rd fiscal period (August 31, 2014).

4. Forecasts of Financial Results
As the impact of the repayment of the debt on Nomura Master Fund’s forecasts of financial
results for the fiscal period ending February 28, 2015 (September 1, 2014 to February 28, 2015)
and the fiscal period ending August 31, 2015 (March 1, 2015 to August 31, 2015) will be minimal,
there is no revision to the forecast of financial results.

*<Nomura Real Estate Master Fund, Inc> URL: http://www.nre-mf.co.jp/english/>2