September 12, 2024
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
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

LenderThe Bank ofFukuoka, Ltd

BorrowingAmount(Millions of yen)InterestRate(Note 2)

900

Base
interest
rate(Note 4)+0.220%(floating rate)

Borrowing Date

Borrowing Method

RepaymentDate(Note 3)

Repayment
MethodCollateral

September
17, 2024

Borrowing based on
an individual termloan agreement dated
September 12, 2024,
entered into with thelender shown on theleft

September
17, 2030

Paid infull uponmaturityUnsecured
and nonguaranteed

Notes:
1.

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

2.

The first interest payment date is October 31, 2024. 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 date falls on a non-business day orthe preceding business day if the repayment date would fall in the next calendar month. The base interest rate refers to the interest rate (a 365-daybase) of the Japanese yen Tokyo Interbank Offered Rate (“TIBOR”) for three-month deposits announced by JBA TIBOR Administration (GeneralIncorporated Association) two business days before the borrowing date or the last date for the immediately preceding interest calculation period ofthe interest period. However, if the interest calculation period is less than three months, the base interest rate defined in the loan agreements will
be applied according to the terms and conditions of the loan agreements. Please refer to JBA TIBOR Administration’s website(http://www.jbatibor.or.jp/english/) for changes in the JBA Japanese yen TIBOR.

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.

If the base interest rate is negative, it is calculated as 0.

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 17, 2024.

CategoryLender

BorrowingAmount(Millions of yen)Interest Rate

Borrowing Date

Longterm

The Bank of Fukuoka, Ltd900

0.4288%(fixed rate)

September
14, 2017

Repayment Date Repayment(Note 2)
MethodCollateral

Paid in fulluponmaturity

Unsecuredand nonguaranteed

September
14, 2024

Notes:
1.

Please refer to the press release “Notice Concerning Debt Financing” dated September 14, 2017.

2.

Although the original repayment date of the individual term loan agreement is September 14, 2024, which day is a non-business day, the actual
repayment date is September 17, 2024 (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 24, 2024 (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
5,500
103,049
108,549
4,500

Afterthe Borrowing
5,500
103,049
108,549
4,500

113,049

113,049

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

This is the English translation of original Japanese documents and is provided solely for information purposes. If there
are any discrepancies between the translation and the Japanese original, the latter shall prevail.
For more information about MEL, please visit:https://mel-reit.co.jp/en/2