June 16, 2020
Provisional translation only

Fukuoka REIT Corporation
1-2-25 Sumiyoshi, Hakata Ward, Fukuoka City
Etsuo Matsuyuki
Executive Director(Securities Code: 8968)
Asset Management Company:
Fukuoka Realty Co., Ltd.
1-2-25 Sumiyoshi, Hakata Ward, Fukuoka City
Etsuo Matsuyuki
CEO & Representative Director
Inquiries:
Keishi Tamura
General Manager of Finance Department
TEL: +81-(0)92-272-3900
Notice Concerning Borrowing of Funds
Fukuoka REIT Corporation announces that it will conduct the borrowing of funds, as described below.
1. Borrowing of Funds
1) Reason for BorrowingsTo fund part of the acquisition of real estate “LOGICITY Wakamiya” (Note) and refinancing on existingborrowing.
(Note) For the overview of the real estate (LOGICITY Wakamiya), please refer to “Fukuoka REIT Corporation Concludes
Agreement to Purchase a New Property” dated on October 29, 2019 and “Notice Concerning Acquisition Funds of Property(LOGICITY Wakamiya)” separately announced today.

2) Outline of Borrowings
Borrowing 1 (long-term debt)
1. Lender: Resona Bank
2. Amount: 700 million yen
3. Interest rate: To be determined (Note)
4. Drawdown date: June 30, 2020
5. Borrowing method: Loan agreement conducted as of June 26, 2020
6. Repayment date: June 28, 2030
7. Repayment method: Lump-sum upon maturity
8. Description: No collateral, No guarantee
Borrowing 2 (long-term debt)
1. Lender: MUFG Bank
2. Amount: 500 million yen
3. Interest rate: To be determined (Note)
4. Drawdown date: June 30, 2020
5. Borrowing method: Loan agreement conducted as of June 26, 2020
6. Repayment date: June 29, 2029
7. Repayment method: Lump-sum upon maturity
8. Description: No collateral, No guarantee
Borrowing 3 (long-term debt)
1. Lender: The Kagoshima Bank
2. Amount: 500 million yen- 1 -3. Interest rate: To be determined (Note)
4. Drawdown date: June 30, 2020
5. Borrowing method: Loan agreement conducted as of June 26, 2020
6. Repayment date: June 30, 2028
7. Repayment method: Lump-sum upon maturity
8. Description: No collateral, No guarantee
Borrowing 4 (short-term debt)
1. Lender: The Bank of Fukuoka and Resona Bank
2. Amount: 1,500 million yen
3. Interest rate: Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.35% (Note2)
4. Drawdown date: June 30, 2020
5. Borrowing method: Submitted loan application form based on commitment line contract change
agreement as of July 31, 2019.
6. Repayment date: July 31, 2020
7. Repayment method: Lump-sum upon maturity
8. Description: No collateral, No guarantee
Borrowing 5 (short-term debt)
1. Lender: The Nishi-Nippon City Bank, Resona Bank, The Oita Bank, The Bank of Nagasaki,
The Bank of Saga
2. Amount: 1,700 million yen
3. Interest rate: Base interest rate (JBA 1-month Japanese Yen TIBOR)) + 0.35% (Note2)
4. Drawdown date: June 30, 2020
5. Borrowing method: Submitted loan application form based on commitment line contract as ofFebruary 26, 2020.
6. Repayment date: July 31, 2020
7. Repayment method: Lump-sum upon maturity
8. Description: No collateral, No guarantee(Note) Interest rate will be announced once determined.
(Note2) The applied base interest rate is the JBA 1-month Japanese Yen TIBOR two business days before the borrowing
date. Moreover, JBA Japanese Yen TIBOR can be checked on the website of JBA TIBOR Administration.
http://www.jbatibor.or.jp/english/rate/3) Outline of Refinancing
Refinancing 1
1. Lender: The Bank of Fukuoka and Resona Bank
2. Amount: 1,500 million yen
3. Repayment date: June 30, 2020
4. Repayment method: Lump-sum upon maturity
5. Description: No collateral, No guarantee
Refinancing 2
1. Lender: The Nishi-Nippon City Bank, Resona Bank, The Oita Bank, The Bank of Nagasaki,
The Bank of Saga
2. Amount: 1,700 million yen
3. Repayment date: June 30, 2020
4. Repayment method: Lump-sum upon maturity
5. Description: No collateral, No guarantee

2. Status of Debt after Borrowing- 2 -(mm yen)
Before borrowing

After borrowing

Short-term debt (Note)

3,200

3,200

0

Long-term debt

72,50074,200

1,700

[0]

[0]

[0]

Total

75,70077,4001,700

Investment corporation bonds

5,000

5,000

0

Total Interest-bearing debt

80,70082,4001,700

Of which, long-term debt payable due
within one year

Change(Note) The borrowings are used from committed credit line [13,000 mm yen]

3. Others
Concerning risks related to repayments of this borrowing, etc., there are no material changes from the “Investmentrisks” disclosed in the latest Securities Report for the 31st Fiscal Period (submitted on May 29, 2020).
*Fukuoka REIT Corporation’s website is https://www.fukuoka-reit.jp/eng/- 3 -