Translation of Japanese Original
October 22, 2021
To All Concerned Parties
REIT Issuer:
Kenedix Office Investment Corporation
Jiro Takeda, Executive Director(Securities Code: 8972)
Asset Management Company:
Kenedix Real Estate Fund Management, Inc.
Masahiko Tajima, President & CEO
Inquiries:
Hiroaki Momoi
Head of Planning Division
Office REIT Department
TEL: +81-3-5157-6010

Notice Concerning Debt Financing (Series 189)
Kenedix Office Investment Corporation (“the Investment Corporation”) has announced today, that the Investment
Corporation decided to undertake the debt financing (total of 3,000 million yen).
Please see below for the details.
1. Outline of Debt Financing
Series189

Lender

MUFG Bank, Ltd.

Amount3,000
million yen

Interest Rate(Note 1) (Note 2)

Base rate(JPY TIBORfor 1 month)+0.25000%

Contract
Date

October 27,
2021

Drawdown
Date

October 29,
2021

Principal
Repayment
Date (Note 1)

Collateral ・Repayment
MethodOctober 29,
2022

Unsecured,
unguaranteed・Repaymentof principal
in full on
maturity date

Note 1: The first interest payment is due at the end of November 2021, and on the last day of every month thereafter with the principal repayment
day. If each interest payment day or the principal repayment day is a non-business day, then the interest payment or the principal
repayment will be due on the next business day and if that next business day is in the next month, then previous business day will beapplied.
Note 2: The base rates that are applied during interest period for the interest due on each interest payment date shall be calculated based onJapanese Yen TIBOR for 1 month, which the JBA TIBOR Administration (“the JBATA”) releases two business days before
each interest payment date.
The Japanese Yen TIBOR of the JBATA is available on the JBATA website (https://www.jbatibor.or.jp/english/rate/).

2. Purpose of Debt Financing
Series 189 is to apply the fund towards the repayment of Series 112-A (3,000 million yen) with the principal
repayment date of October 29, 2021.
3. Status of Borrowings and Investment Corporation Bonds after the Debt Financing (as of October 29, 2021)(Millions of yen)Classification

Balance before
the Debt Financing

Balance after
the Debt Financing

Difference

Short-Term Borrowings (Note 1)

7,600

10,600+3,000

Long-Term Borrowings (Note 2)

178,150

175,150-3,000185,750

185,7500Total Borrowings
Investment Corporation Bonds
Total Borrowings and Investment Corporation Bonds

13,00013,0000

198,750

198,7500Note 1: Short-term borrowings refer to debt financing with a period less than or equal to one year from the drawdown date to the principal
repayment date. However, the borrowings for which the period until the principal repayment date has surpassed one year because the1principal repayment date after one year from the drawdown date is not a business day, and for which the principal repayment date hasbeen moved to a different business day, are included in short-term borrowings.
Note 2: Long-term borrowings refer to debt financing with a period more than one year from the drawdown date to the principal repayment date.

4. Other
For risks concerning the repayment, etc. of the aforementioned debt financing, there are no significant changes to the“Investment Risks” as described in the Securities Report (submitted on July 29, 2021).
The Investment Corporation’s website: https://www.kdo-reit.com/en/
This notice is the English translation of the Japanese announcement on our website released on October 22, 2021. However, noassurance or warranties are given for the completeness or accuracy of this English translation.

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