Translation Purposes Only
January 29, 2020
For Immediate Release
Real Estate Investment Trust Securities Issuer
1-1-1 Akasaka, Minato-ku, TokyoXYMAX REIT Investment Corporation
Representative: Nobuhito Inatsuki, Executive Director(Securities Code: 3488)
Asset Management Company
XYMAX REAL ESTATE INVESTMENT ADVISORS Corporation
Representative: Nobuhito Inatsuki, Representative Director
Contact:
Tatsuya Nakayama
Head of Planning Division
TEL: +81-3-5544-6880

Notice Concerning Borrowings of Funds
XYMAX REIT Investment Corporation (hereinafter, “XYMAX REIT”) announces today that it decided toborrow funds (the “Borrowings”) as described bellow;
1. Details of Borrowings
Category(Note 1)

LenderBorrowingAmount(millionyen)

Interest
Rate814Baserate+ 0.15%(Note 3)(Note 4)

Drawdown
Date

Borrowing
MethodMaturity
Date(Note 2)

Principal
Repayment
methodCollateral

Mizuho Bank,
Ltd.
Sumitomo
MitsuiBanking
Corporation
Short‐termResona Bank,
LimitedShinsei Bank,
LimitedJan. 31,
2021

The Chiba
Bank, Ltd.
Jan. 31,
2020

The Higo
Bank, Ltd
Mizuho Bank,
Ltd.
Resona Bank,
LimitedLong‐term

Shinsei Bank,
LimitedThe Chiba
Bank, Ltd.

752

Baserate+ 0.25%(Note 3)(Note 4)

Borrowingbased on aLoanagreementwith thelenders
shown
at left aslender

Lump‐
sumrepayment
atmaturity

UnsecuredNon‐guaranteed

Jan. 31,2022

The Higo
Bank, Ltd.

Disclaimer:This press release is a public announcement concerning borrowing of funds of XYMAX REIT,and has not been prepared
for the purpose of soliciting investment.

Mizuho Bank,Ltd.
Sumitomo
MitsuiBankingCorporation
MUFG Bank,Ltd.
The Nishi‐
Nippon City
Bank, Ltd.

1,784

0.62445%(Fixedrate)(Note 4)

3,350-

Jan. 31,2024The Bank ofFukuoka, Ltd.
Resona Bank,
LimitedShinsei Bank,
LimitedTotal amount-----(1) “Short‐term” refers to borrowing for a period from the drawdown date to the maturity date of one year or less.
“Long‐term” refers to borrowing for a period from the drawdown date to the maturity date of more than one year.
(2) If the due date is a non-business day, it shall be the following business day. If such day falls in the following month, it
shall be the immediately preceding business day.
(3) The base rate applicable to the period for the calculation of the interest payable on an interest payment date is the JBA
one-month Japanese Yen TIBOR as of a date two business days prior to the interest payment date immediately
preceding each interest payment date. However, if the base rate applicable to the calculation period doesn’t exist, thebase rate will be the one corresponding to the period that will be calculated based on a method provided in theagreement. Please check the website of the JBA TIBOR Administration (http://www.jbatibor.or.jp/english) for the JBA
Japanese Yen TIBOR.
(4) The interest payment will be made on February 29, 2020 and the last day of each month thereafter as well as on thematurity date of the principal. (If an interest payment date is a non-business day, it shall be the following business day.
If such day falls in the following month, it shall be the immediately preceding business day.)

2. Reasons for the Borrowings
XYMAX REIT will use the Borrowings to redeem a short-term borrowing of 1,014 million yen and a longterm borrowing of 2,336 million yen due on January 31, 2020 (the “Existing Borrowing”) .
3. Amount, use and schedule of drawdown of funds(1) Total amount
3,350 million yen in total(2) Specific purpose of use
Funds will be used to repay the Existing Borrowings(3) Scheduled date of drawdown
January 31, 2020

Disclaimer:This press release is a public announcement concerning borrowing of funds of XYMAX REIT,and has not been prepared
for the purpose of soliciting investment.

4. Interest-bearing debt balance after the Borrowings

Short-term loans (Note 1)
Long-term loans (Note 2)
Total loans
Investment corporation bonds
Total loans and investment corporation bonds
Other interest-bearing liabilities
Total interest-bearing liabilities

Before theBorrowing
1,014
10,666
11,68011,68011,680(Unit: million yen)
After theIncrease
Borrowing(Decrease)814(200)
10,866200
11,68011,68011,680-(Note 1)“Short-term loans” refer to loans for a period from the drawdown date to the principal maturity date of one yearor less.
(Note 2)“Long‐term loans”refer to loans for a period from the drawdown date to the principal maturity date of more thanone year.
(Note 3) Amounts are rounded down to the nearest million yen.

5. OtherConcerning the risks to the Borrowings described above, there are no material changes from the“Investment risks” disclosed in the latest Securities Report submitted on November 29, 2019.

* XYMAX REIT website address: https://xymaxreit.co.jp/en/index.html

Disclaimer:This press release is a public announcement concerning borrowing of funds of XYMAX REIT,and has not been prepared
for the purpose of soliciting investment.