June 19, 2019
For Immediate Release
Advance Residence Investment CorporationSecurities Code：3269
1-105 Kanda-Jinbocho, Chiyoda-ku, Tokyo
Takeshi Takano, Executive Director
Asset Management Company:
AD Investment Management Co., Ltd.
Takeshi Takano, President
Inquiries:
Hiroshi Kawakami, Managing Director, CFO
TEL. +81-3-3518-0480
Notice Concerning Debt Financing and Repayment of Loans
Advance Residence Investment Corporation (ADR) announced today its decisions to borrow funds to repay loans
coming due.

1.

Debt Financing ( Drawdown Date; June 28, 2019 )(1) Details of the Debt Financing(JPY:million)
No.

Lender

1

MUFG Bank, Ltd.

2

Sumitomo Mitsui Trust Bank,
LimitedPlannedDrawdown
Date

Scheduled
AmountInterest Rate(fixed rate)

Principal
Repayment
Repayment
Perioddate

Principal
Repayment

Collateral/
Guarantee

Unfixed (Note1)

June 29,2029

Pay in full on
the maturity
date

UnsecuredNon-guaranteed

1,300
June 28,2019

Total or Weighted Average

10.0 year

800
2,100

10.0 year(Note1) Interest payment dates are the last business day of every January, April, July, October starting July 2019 and ending on theprincipal repayment date. The interest rate for the loan will be announced separately.

(2) Purpose of the Debt Financing
To repay existing loans due on June 28, 2019.

(3) Scheduled Contract Date of the Debt Financing
June 26, 20191

2.

Details of Coming Due Loans to be Repaid(JPY:million)
No.

1

Lender
MUFG Bank, Ltd.
Sumitomo Mitsui Trust
Bank, Limited

Drawdown
Date

Scheduled
AmountInterest Rate
(fixed rate)

June 29,2012

2,700 (Note2) 1.24750 % (Note3)

Principal
Repayment
Repayment
PeriodDate

Principal
Repayment

Collateral/Guarantee

June 28,2019

Pay in full on
the maturity
date

UnsecuredNon-guaranteed

7.0 yearAozora Bank, Ltd.

(Note2) The 2,100 million yen loan which is part of the total 2,700 million yen loan will be repaid on June 28, 2019.
And the balance (600 million yen) will be repaid using on hand funds.
(Note3) The interest rate is fixed through interest rate swap.

Reference Material: Debt Financing Balance (As of June 28, 2019)（JPY:million）

Before Refinancing(Note4)

Short-term Loans (Note5)Long-term Loans (Note5)
Total Loans
Corporate Investment Bonds
Total interest-bearing debt

1,000
195,918
196,918
29,000225,918

After Refinancing
1,000
195,318
196,318
29,000225,318

Increase (Decrease)
(600)
(600)
(600)

(Note4) As of June 28, 2019.
(Note5) Short-term loans are loans with repayment dates within one year from the drawdown date and long-term loans are loans withrepayment dates that are more than one year away.

About Advance Residence Investment Corporation
Advance Residence Investment Corporation is the largest residential J-REIT, investing in over 260 rental apartments located mostly in central
Tokyo and in other major cities throughout Japan (AUM over 400 billion yen). ADR can be expected have a stable dividend in the long-term andcan be considered as a defensive J-REIT, on back of the stable income from residential assets and with the largest dividend reserve among
J-REITs. ADR’s website: https://www.adr-reit.com/en/[Provisional Translation Only]
English translation of the original Japanese document is provided solely for information purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

2