August 31, 2023
For Immediate Release

Real Estate Investment Trust Securities Issuer
1-6-5 Marunouchi, Chiyoda-ku, Tokyo
Mitsubishi Estate Logistics REIT Investment Corporation
Representative: Ken Takanashi, Executive Director(Securities Code: 3481)
Asset Management Company
Mitsubishi Jisho Investment Advisors, Inc.
Representative: Tetsuya Masuda,President & CEO
Contact:
Ken Takanashi, Executive Officer, General Manager,
Logistics REIT Management Department
TEL: +81-3-3218-0030

Notice Concerning Debt Financing (“Sustainability-Linked Loan”)
Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) announces today that it has decided to obtain debt
financing (the “Borrowing”), as outlined below:
1.

Details of the Borrowing

Category(Note 1)

Longterm

LenderSumitomo Mitsui
Banking Corporation(SustainabilityLinked Loan)(Note 4)

BorrowingAmount(Millions of yen)Interest Rate
(Note 2)3,000

1.0400%(fixed rate)

Borrowing
Date

Borrowing Method

September
4, 2023

Borrowing based on
an individual termloan agreement
dated
August 31, 2023,
entered into withthe lender shownon the left

RepaymentDate(Note 3)

Repayment
MethodCollateral

September
4, 2031Paid infull uponmaturity

Unsecuredand nonguaranteed

Notes:
1.

“Long-term” or “Long-term Borrowings” refers to borrowings due within a period more than one year from the borrowing date. The same shallapply hereinafter.

2.

The first interest payment date is October 31, 2023. Thereafter, the interest payment date will be on the last day of January, April, July and October
until and including the repayment date. An interest payment date will be either the following business day if the interest payment date falls on a nonbusiness day or the preceding business day if the interest payment date would fall in the next calendar month.

3.

The repayment date will be the following business day if the date falls on a non-business day or the preceding business day if the date carries
over to the next month.

4.

This borrowing will be procured as a “Sustainability-Linked Loan” (the “Sustainability-Linked Loan”). For the Sustainability-Linked Loan, MEL
obtained third-party opinion from Japan Credit Rating Agency, Ltd. (“JCR”) in terms of compliance with Sustainability Linked Loan Principles (SLLP)
and rationality of our KPIs. For the details of the third-party opinion, please visit JCR’s website (https://www.jcr.co.jp/en/).

12.

Rationale for the Borrowing
Proceeds from the Borrowing will be applied to the repayment of the following borrowing with a repayment date of
September 4, 2023.

Category

LenderBorrowingAmount(Millions of yen)Interest Rate

Borrowing Date

Repayment Date Repayment(Note 2)
MethodCollateralLongterm

Sumitomo Mitsui
Banking Corporation

3,000

0.2500%(fixed rate)

September 2,
2019

September 2,2023

Paid in fulluponmaturity

Unsecuredand nonguaranteed

Notes:1.

Please refer to the press release “Notice Concerning Debt Financing” dated August 27, 20192.

Although the original repayment date of the individual term loan agreement is September 2, 2023, which day is a non-business day, the actual
repayment date is September 4, 2023 (the next business day).

3.

Additional Information for Investors
For the risks associated with the Borrowing, there have been no changes to “I. Fund Information, 1. Fund Status, 3.
Investment Risks” stated in the Securities Report filed on May 30, 2023 (Japanese only).

(Reference)
Outstanding Debt Balance after the Borrowing(Unit: Millions of yen)

Short-term Borrowings (Note)
Long-term Borrowings
Total Borrowings
Investment Corporation Bonds
Total Borrowings andInvestment Corporation Bonds

Beforethe Borrowing

98,684
98,6844,500

After
the Borrowing

103,184

Note: “Short-term Borrowings” refers to borrowings due within one year from the borrowing date.

For more information about MEL, please visit:https://mel-reit.co.jp/en/

2

Change98,684
98,6844,500-

103,184-