Translation of Japanese Original
February 24, 2021
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 Debt Financing (Series 182)
Kenedix Office Investment Corporation (“the Investment Corporation”) has announced today, that the Investment
Corporation decided to undertake the debt financing (total of 2,000 million yen).
Please see below for the details.
1. Outline of Debt Financing
SeriesLenderAmountInterest Rate
(Note 1) (Note 2)

Contract
Date

Drawdown
Date

Principal
Repayment
Date (Note 1)

182

Sumitomo Mitsui
Banking Corporation

2,000
millionyen

Base rate(JPY TIBOR
for 1 month)+0.30000%February 24,
2021

February 26,
2021

February 26,
2022

Collateral ・Repayment
MethodUnsecured,
unguaranteed・
Repaymentof principal
in full on
maturity date

Note 1: The first interest payment is due at the end of March 2021, and on the last day of every month thereafter with the principal repayment day.
If each interest payment day or the principal repayment day is a non-business day, then the interest payment or the principal repayment
will be due on the next business day and if that next business day is in the next month, then previous business day will be applied.
Note 2: The base rates that are applied during interest period for the interest due on each interest payment date shall be calculated based onJapanese Yen TIBOR for 1 month, which the JBA TIBOR Administration (“the JBATA”) releases two business days before
each interest payment date.
The Japanese Yen TIBOR of the JBATA is available on the JBATA website (http://www.jbatibor.or.jp/english/rate/).

2. Purpose of Debt Financing
Series 182 is to apply the fund towards the repayment of Series 172-A (the remainder after partial prepayment, 2,000
million yen) with the principal repayment date of February 26, 2021.
3. Status of Borrowings (as of February 26, 2021)(Millions of yen)

Short-Term Borrowings (Note 1)

Balance before
the Debt Financing
6,800

Balance after
the Debt Financing
6,800

Long-Term Borrowings (Note 2)

180,950

180,9500Total Borrowings

187,750187,7500

Investment Corporation Bonds

11,00011,0000

198,750

198,7500Classification

Total Borrowings and Investment Corporation Bonds

Difference

Note 1: Short-term borrowings refer to debt financing with a period less than or equal to one year from the drawdown date to the principal
repayment date. However, the borrowings for which the period until the principal repayment date has surpassed one year because theprincipal repayment date after one year from the drawdown date is not a business day, and for which the principal 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.

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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 28, 2021).
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 24, 2021. However, noassurance or warranties are given for the completeness or accuracy of this English translation.

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