August 29, 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 (“Sustainability-Linked Loan”)
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

LenderSumitomo Mitsui
Banking Corporation(SustainabilityLinked Loan)(Note 4)

BorrowingAmount(Millions of yen)

1,150Interest Rate
(Note 2)

1.14875%(fixed rate)

Borrowing
Date

Borrowing Method

RepaymentDate(Note 3)

Repayment
MethodCollateral

September
2, 2024

Borrowing based on
an individual termloan agreement
dated
August 29, 2024,
entered into withthe lender shownon the left

September
2, 2032Paid infull uponmaturity

Unsecuredand nonguaranteed

Notes:
1.

“Long-term” or “Long-term Borrowings” refers to borrowings due within a period more 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 interest payment date falls on a nonbusiness day or the preceding business day if the interest payment date would fall in the next calendar month.

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.

This borrowing will be procured as a “Sustainability-Linked Loan” (the “Sustainability-Linked Loan”). The Sustainability-Linked Loan is based on
the Sustainability Linked Financing Framework developed by MEL, which will assess the achievement of the SPTs, including KPIs and targets for
FY2030, at the specified monitoring periods. Spread incentives will be granted based on the achievement of these targets. For the details of
the Sustainability Linked Financing Framework, please visit the "Green Finance" page on MEL’s website.
(https://mel-reit.co.jp/en/esg/environment/greenfinance.html).

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 2, 2024.

Category

LenderBorrowingAmount(Millions of yen)Interest Rate

Borrowing Date

Repayment Date Repayment(Note 2)
MethodCollateralLongtermSumitomo Mitsui
Banking Corporation

1,150

0.2000%(fixed rate)

September 1,2020

September 1,2024

Paid in fulluponmaturity

Unsecuredand nonguaranteedNotes:
1.

Please refer to the press release “Notice Concerning Debt Financing (including “Funding to Promote SDGs” from Sumitomo Mitsui Banking
Corporation and “ESG Loan for J-REIT” from MUFG Bank, Ltd.)” dated August 27, 2020.

2.

Although the original repayment date of the individual term loan agreement is September 1, 2024, which day is a non-business day, the actual
repayment date is September 2, 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

After
the 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