May 18, 2022
For Translation Purposes Only
Real Estate Investment Fund Issuer:
Mori Hills REIT Investment Corporation(Securities Code: 3234)
1-12-32 Akasaka, Minato-ku, Tokyo
Hideyuki Isobe, Executive Director
Asset Manager:
Mori Building Investment Management Co., Ltd.
Hideyuki Isobe, President & CEO
Inquiries: Ryosuke Kanazawa
Chief General Manager andGeneral Manager of Planning Department
TEL: +81-3-6234-3234

MHR Announces Information on Borrowings
Mori Hills REIT Investment Corporation (hereinafter “MHR”) concluded today the followingborrowings.
1. Purpose of Borrowings
To be used as refinancing of 3,000 million yen in long-term loans payable due May 23, 2022
(hereinafter “Existing Long-term Loans Payable”) (Note).
(Note) Please refer to the press releases “MHR Announces Information on Borrowings” dated May 17, 2018 fordetails.

2. Details of Borrowings
Lender(anticipated)

Mizuho Bank,
Ltd.

BorrowingamountInterestrate(million yen)

(Note 1)

3,000

Base
interest
rate+0.250%

Scheduled
drawdown
dateMay 23,2022

Repaymentdate(Note 2)

May 23,2031

Method ofrepayment

Collateral

To berepaid infull on theUnsecured/principal Unguaranteed
repaymentdate(Note 1) The first payment date shall be August 23, 2022 and subsequent payment dates shall be the 23rd dayof February, May, August, and November every year thereafter. The last payment date shall be theprincipal repayment date. If the date is not a business day, the next business day shall be the dateand if this next business day falls into the following month, the business day prior shall be the payment
date.
Base interest rate to be applied will be the 3-month JBA Japanese Yen TIBOR announced by theJapanese Bankers Association two business days prior to the last payment day (The first payment
date shall be the drawdown date). The 3-month JBA Japanese Yen TIBOR can be confirmed on thewebsite of General Incorporated Association JBA TIBOR Administration(https://www.jbatibor.or.jp/english/).
(Note 2) If the repayment date is not a business day, the next business day shall be the repayment date. If thisnext business day falls into the following month, the business day prior shall be the repayment date.

1

3. Amount of Funds, Use of Funds and Scheduled Payment Period(1) Amount of funds to be procured: 3,000 million yen(2) Specific use of funds and scheduled payment perioda) Specific use of funds:
To be disbursed as funds for refinancing of theExisting Long-term Loans Payableb) Amount:
3,000 million yenc) Scheduled payment period:
May 23, 2022
4. Borrowings, etc. after the Borrowings(Unit: millions of yen)

Beforethe Borrowings

After
the Borrowings

ChangeLong-term loans payable

172,122

172,1220Investment corporation bonds

20,30020,3000Total interest-bearing debt

192,422

192,4220(Note) Long-term loans payable and investment corporation bonds include the current portion of long-termloans payable and investment corporation bonds within a year.

5. Other Items Required for Investors to Appropriately Understand/Judge the ConcernedInformation
There are no changes to the content of “1. Fund Information; 1. Fund Status; 3. Investment
Risks” indicated in the Semiannual Securities Report (Japanese) for the thirty-first fiscal
period submitted on April 27, 2022 as a result of the Borrowings.
MHR’s website address is https://www.mori-hills-reit.co.jp/en/2