Translation of Japanese Original
July 5, 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 & CEOInquiries:
Hiroaki Momoi
Head of Planning Division
Office REIT Department
TEL: +81-3-5157-6010

Notice Concerning Prepayment of Borrowings (Series 176-A ,180-A ,181-A and 183)
Kenedix Office Investment Corporation (“the Investment Corporation”) has announced today, that the Investment
Corporation decided to undertake prepayment of borrowings.
Please see below for the details.
1. Outline of Planned Prepayment of Borrowings
SeriesLenderBalance ofBorrowings

Prepayment
AmountBalance
after
Prepayment

Drawdown
Date

Principal
Repayment
Date

176-A

Mizuho Bank,
Ltd.

1,000
millionyen

500
millionyen

500
millionyen

August 31,
2020

August 31,
2021

180-A

Sumitomo
MitsuiBanking
Corporation

1,000
millionyen

500
millionyen

500
millionyen

November 30, November 30,
2020
2021

181-A

Sumitomo
Mitsui TrustBank, Limited

500
millionyen

500
millionyen-January 29,
2021

January 29,
2022

183

Resona Bank,
Limited500
millionyen

500
millionyen-March 31,
2021

March 31,2022

PlannedPrepayment
Date

Collateral

July 30,
2021

Unsecured,
unguaranteed

Note: For outlines of the borrowings, please refer to the press release, “Notice Concerning Debt Financing (Series 176)” dated August 27, 2020,“Notice Concerning Debt Financing (Series 180) and Execution of Interest Rate Swap Agreements” dated November 26, 2020 ,“NoticeConcerning Debt Financing (Series 181) and Execution of Interest Rate Swap Agreements” dated January 27, 2021 and “Notice Concerning
Debt Financing (Series 183)” dated March 26, 2021.

2. Fund for Prepayment
The prepayment of the borrowings is planned to be funded from proceeds of cash on hand.

13. Status of Borrowings and Investment Corporation Bonds after the Prepayment and the Debt Financing,etc.（Note 1） (as of July 30, 2021)(Millions of yen)
Balance afterthe Prepayment and theDebt Financing, etc.

Balance as ofJune 30, 2021

Classification

Difference

Short-Term Borrowings (Note 2)

6,800

5,800

-1,000Long-Term Borrowings (Note 3)

180,950

179,950-1,000Total Borrowings

187,750

185,750-2,000Investment Corporation Bonds

11,00011,0000

198,750

196,750-2,000

Total Borrowings and Investment Corporation Bonds

Note 1: For details on the debt financing, etc., please refer to the press release, “Notice Concerning Debt Financing (Series 184 and 185)
and Execution of an Interest Rate Swap Agreement and Prepayment of Borrowing (Series 181-A)” dated today.
Note 2: 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 rep ayment date have surpassed oneyear 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 3: Long-term borrowings refer to debt financing with a period more than one year from the drawdown date to the principal
repayment date.

4. Other
For 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 July 5, 2021. However, no assurance
or warranties are given for the completeness or accuracy of this English translation.

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