Translation of Japanese Original
February 20, 2019
To All Concerned Parties
REIT Issuer:
Kenedix Office Investment Corporation
Jiro Takeda, Executive Director(Securities Code: 8972)
Asset Management Company:
Kenedix Real Estate Fund Management, Inc.
Masahiko Tajima, President & CEO
Inquiries:
Hiroaki Momoi
Head of Planning Division
Office REIT Department
TEL: +81-3-5157-6010

Notice Concerning Partial Prepayment of Borrowings (Series 159 and Series 160)
Kenedix Office Investment Corporation (“the Investment Corporation”) has announced today, that the Investment
Corporation decided to undertake partial prepayment of borrowings.
Please see below for the details.
1. Outline of Planned Prepayment of Borrowings
SeriesLenderBalance ofBorrowings

Prepayment
AmountBalanceafter
Prepayment

Drawdown
Date

159

Sumitomo
Mitsui Trust
Bank, Limited

1,000
millionyen

500
millionyen

500
millionyen

November 12,
2018

160

Sumitomo
Mitsui
Banking
Corporation

2,000million
yen

1,000
millionyen

1,000millionyenPrincipal
Repayment
Date

PlannedPrepayment
Date

Collateral

November 30,
2019

February 28,
2019Unsecured,
unguaranteed

November 30,
2018

Note: For outlines of the borrowings, please refer to the press release, “Notice Concerning Debt Financing (Series 159)” dated November 8, 2018
and “Notice Concerning Debt Financing (Series 160)” dated November 28, 2018.

2. Fund for Prepayment
Series 159 and Series 160 to be prepaid are borrowings that were financed for the purpose of allocation to theacquisition funds for KDX Kobayashi-Doshomachi Building, refinanced thereafter. The prepayment of theseborrowings is planned to be funded from partial proceeds of “Kenedix Office Investment Corporation Tenth
Series Unsecured Investment Corporation Bonds (Ranking pari passu among specified investment corporationbonds) (Green Bonds)” (Note) issued on February 15, 2019.
Note: For details on the issuance of investment corporation bonds, please refer to the press release, “Notice Concerning Issuance of Investment
Corporation Bonds (Green Bonds)” dated February 8, 2019.

13. Status of Borrowings and Investment Corporation Bonds after the Prepayment (as of February 28, 2019)(Millions of yen)Classification

Balance before
the Prepayment

Balance afterthe Prepayment

Difference

Short-term borrowings (Note 1)

6,200

5,200

-1,000Long-term borrowings (Note 2)

170,850

170,350-500

177,050

175,550-1,500

8,000

8,000

0185,050183,550-1,500Total borrowings
Investment corporation bonds
Total borrowings and investment corporation Bonds

Note 1: Short-term borrowings refer to debt financing with a period less than or equal to one year from the drawdown date to theprincipal repayment date. However, the borrowings for which the period until the principal repayment date have surpassed one
year because the principal repayment date after one year from the drawdown date is not a business day, and for which theprincipal repayment date has been moved to a different business day, are included in short-term borrowings.
Note 2: Long-term borrowings refer to debt financing with a period more than one year from the drawdown date to the principal
repayment date.

4. OtherFor risks concerning the repayment, etc. of the aforementioned debt financing, there are no significant changes to the“Investment Risks” as described in the Securities Report (submitted on January 30, 2019).

The Investment Corporation’s website: https://www.kdo-reit.com/en/
This notice is the English translation of the Japanese announcement on our website released on February 20, 2019. However, noassurance or warranties are given for the completeness or accuracy of this English translation.

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