October 27, 2010
To All Concerned Parties
Name of REIT Issuer:
Invincible Investment Corporation
Naoki Shibatsuji, Executive Director
Nihon-bashi Nishikawa Bldg.
1-5-3 Nihon-bashi, Chuo-ku, Tokyo, Japan(Securities code: 8963)
URL: http: //www.invincible-inv.co.jp/eng/
Asset manager:
Consonant Investment Management Co., Ltd.
Naoki Shibatsuji, CEOContact: Yuji Kubo, CFO(Tel. +81-3-3272-7311)

Notice concerning Debt Financing (Determination of Interest Rate)
Invincible Investment Corporation (INV) has today announced that the applicable interest rates forthe following “Term loan”, “24 individual credit loan” and “term loan (D)” disclosed in the press
release titled “Notice concerning Change of Terms of Existing Borrowings” dated September 28,
2010. Details are as follows.
1. Term loan
Outstandingof Borrowing(mn JPY)

Debtor bank

Borrowingdate

Maturity dateAozora Bank, Ltd.
11,288
Nov. 24, 2009
Dec. 30, 2010
Tokio Marine & Nichido Fire Insurance Co., Ltd.
(Note)
Resona Bank, Limited.
Interest rate
THE NISHI-NIPPON CITY BANK, LTD.
The Musashino Bank, Ltd.
Shinsei Bank, Limited
2.68000%
The Chuo Mitsui Trust and Banking Company,(October 30, 2010 to November 30, 2010)
Limited(Note) As disclosed in the press release titled “Notice concerning Change of Terms of Existing Borrowings”
dated September 28, 2010, part of borrowing is scheduled to be repaid as of October 29, 2010.
Furthermore, the repayments of partial borrowing as of October 29, 2010 will be JPY 29 million inaccordance with the loan agreement as of November 19, 2009 (including change or adjustments
made thereafter).
Outstanding of borrowing in the above list is the amount after the repayment of part of borrowing asof October 29, 2010 and figures are rounded down to the indicated unit.

12. 24 individual credit loan
Debtor bank

Outstandingof Borrowing(mn JPY)

Borrowingdate

Maturity date

3,684 (Note)

Nov. 24, 2009

Dec. 30, 2010

Interest rate
2.68000%(October 30, 2010 to November 30, 2010)(Note) As disclosed in the press release titled “Notice concerning Change of Terms of Existing Borrowing”
dated September 28, 2010, part of borrowing (JPY 9.5 million) is scheduled to be repaid as ofOctober 29, 2010.
Aozora Bank, Ltd.

3. Term loan (D)Outstandingof Borrowing(mn JPY)
11,315(Note)

Debtor bank

Borrowingdate

Maturity date

The Chuo Mitsui Trust and Banking Company,Feb.3, 2010
Dec. 30, 2010
Limited
Aozora Bank, Ltd.
Interest rate
Resona Bank, Limited
1.68000%
Mitsubishi UFJ Trust and Banking Corporation(October 30, 2010 to November 30, 2010)
The Musashino Bank, Ltd.
(Note) As disclosed in the press release titled “Notice concerning Change of Terms of Existing Borrowings”
dated September 28, 2010, part of borrowing (JPY 23 million) is scheduled to be repaid as ofOctober 29, 2010.

Note: This English language notice is a translation of the Japanese language notice released on October27, 2010 and was prepared solely for the convenience of, and reference by, non-Japanese investors. No
warranties or assurance are given for its accuracy or completeness of this English translation.

2

[For reference]
Borrowing amount outstanding after the repayment of part of borrowings as of October 29, 2010
(Units: mn JPY, figures rounded down to a mn JPY)

Before repayment

After repayment

Short-term debt

26,35026,288Long-term debt to be
repaid within one year

16,80016,800Long-term debt
Total debt

-43,150- 61-

43,088

3

Balance-61