[For Translation Purposes Only]
November 28, 2016

Nomura Real Estate Master Fund, Inc.
Securities Code: 3462
Satoshi Yanagita, Executive Director
Asset Management Company:
Nomura Real Estate Asset Management Co., Ltd.
Norio Ambe, President & Chief Executive Officer
Inquiries:
Ken Okada
Director and Managing Executive Officer
TEL. +81-3-3365-8767 nmf3462@nomura-re.co.jp

Notice Concerning Debt Financing (Determination of Loan Interest Rate)
Nomura Real Estate Master Fund, Inc. (“Nomura Master Fund” or the “Fund”) announced that theinterest rate of the following loans announced in “Notice Concerning Debt Financing and Repaymentof Debt Financing” on November 15, 2016, has been determined. Details are as follows.
1.

Determination of Loan Interest Rate
Lenders

Amount(millions of yen)Interest Rate

Mitsubishi UFJ Trust and Banking
Corporation

2,500

Fixed

Mizuho Trust & Banking Co., Ltd
The Norinchukin Bank
Resona Bank, Limited

1,500

Fixed

The Bank of Tokyo-Mitsubishi
UFJ, Ltd

1,800

Fixed

The Bank of Tokyo-Mitsubishi
UFJ, Ltd

2,000

Fixed

Sumitomo Mitsui Banking
Corporation

2,000

Fixed

Development Bank of Japan Inc.
Nippon Life Insurance Company

2,800

Fixed

Mizuho Bank, Ltd.
Mitsubishi UFJ Trust and BankingCorporation
Sumitomo Mitsui Trust Bank,
Limited

4,200

Fixed

0.43408%(Note2)0.47483%(Note2)0.55979%(Note3)0.60286%(Note3)0.60286%(Note2)0.60286%(Note2)0.64616%(Note2)

Drawdown
Repayment
TermDate
Date(Note1)
November 6 years
May 26,
and 630,2023
months2016

Terms of
Repayment

CollateralLump-sum
Unsecured,
repayment on theunguaranteed
repayment dateNovemberNovemberLump-sum
Unsecured,
7 years
repayment on the30,
26
unguaranteed
repayment date2023
2016
NovemberNovemberLump-sum
Unsecured,
8 years
repayment on the30,26,unguaranteed
repayment date
2024
2016
November 8 years
May 26,
and 630,2025
months2016

Lump-sum
Unsecured,
repayment on theunguaranteed
repayment dateNovember 8 years
May 26,
and 630,2025
months2016

Lump-sum
Unsecured,
repayment on theunguaranteed
repayment dateNovember 8 years
May 26,
and 630,2025
months2016

Lump-sum
Unsecured,
repayment on theunguaranteed
repayment dateNovemberNovemberLump-sum
Unsecured,
9 years
repayment on the30,
26,
unguaranteed
repayment
date2025
2016

The Bank of Tokyo-Mitsubishi
UFJ, Ltd2,000Fixed

Sumitomo Mitsui Banking
Corporation

2,000

Fixed

1.12506%(Note3)1.12506%(Note2)

NovemberNovemberLump-sum
Unsecured,
13 years
repayment on the30,
26,
unguaranteed
repayment date
2029
2016
NovemberNovemberLump-sum
Unsecured,
13 years
repayment on the30,
26,
unguaranteed
repayment date2029
2016(Note 1) Repayment Date is the following business day if the date is a non-business day, or the prior business day if the following businessdate is in the next month.
(Note 2) May 26, 2017, the first interest payment date, and 26th of every May and November thereafter until the Repayment Date. (or thefollowing business day if the date is a non-business day, or the prior business day if the following business date is in the next month)(Note 3) February 26, 2017, the first interest payment date, and 26th of every February, May, August and November thereafter until theRepayment Date. (or the following business day if the date is a non-business day, or the prior business day if the following businessdate is in the next month)2.

Other Matters Required for Investors to Accurately Understand and Evaluate the Information

No change has been made to the content of “Section 1 Fund Information / 1 Status of Fund / 3
Investment Risks” of the Security Registration Statement (in Japanese) filed on May 25, 2016, regarding
the risk involved in the debt financing.
*Nomura Real Estate Master Fund, Inc. URL: http://www.nre-mf.co.jp/english/