October 6, 2020
For Immediate Release
Real Estate Investment Trust Securities Issuer
1-6-5 Marunouchi, Chiyoda-ku, Tokyo
Mitsubishi Estate Logistics REIT Investment Corporation
Representative: Masaki Sakagawa, Executive Director(Securities Code: 3481)
Asset Management Company
Mitsubishi Jisho Investment Advisors, Inc.
Representative: Haruhiko Araki, President & CEO
Contact:
Masaki Sakagawa, Executive Vice
President , General Manager, Logistics REITManagement Department
TEL: +81-3-3218-0030

Notice Concerning Debt Financing
Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) announces today its decision to obtain debt financing(the “Borrowing”), as outlined below:
1.

Details of the Borrowing

Category(Note 1)

ShorttermLongtermLender

MUFG Bank

Shinkin Central Bank

BorrowingAmount(Millions of yen)Interest Rate

200

Base interest
rate + 0.090%(floating rate)(Note 3) (Note 4)

750

Borrowing
Date

Borrowing Method

Oct. 9,2020

Borrowing based on theoverdraft agreement
dated Sept. 12, 2017,
entered into with thelender shown on the left
Borrowing based on anindividual term loanagreement dated Oct. 6,
2020, entered into withthe lenders shown on theleft

Base interest
rate + 0.230%(fixed rate)(Note 3) (Note 5)

Repayment
Repayment
Date
Method(Note 2)

CollateralOct. 9,2021

Oct. 9,2025

Paid infulluponmaturity

Unsecuredand nonguaranteed

Notes:
1.

Short-term refers to borrowings due within one year from the borrowing date. Long-term refers to borrowings due within a period longer than one
year from the borrowing date. The same shall apply hereinafter.

2.

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 overto the next month.

3.

If the base interest rate is negative, it is calculated as 0.

4.

The first interest payment date is Nov. 9, 2020. Thereafter, the interest payment date will be on the 9th of every month until and including therepayment date. An interest payment date will be either the following business day if the date falls on a non-business day or the preceding business
day if the payment date would fall in the next calendar month. The base interest rate refers to the interest rate (a 365-day-base) of the Japaneseyen Tokyo Interbank Offered Rate (“TIBOR”) for one-month deposits announced by the JBA TIBOR Administration (General Incorporated Association)
two business days before the last date for the immediately preceding interest calculation period of the borrowing date or the interest period.
However, if the interest calculation period is less than one month, the base interest rate defined in the loan agreements will be applied according tothe terms and conditions of the loan agreements. Please refer to the JBA TIBOR Administration’s website (http://www.jbatibor.or.jp/english/) forchanges in the JBA Japanese yen TIBOR.

5.

The first interest payment date is Oct. 31, 2020. Thereafter, the interest payment date will be on the last day of Jan., Apr., Jul. and Oct. until andincluding the repayment date. An interest payment date will be either the following business day if the date falls on a non-business day or thepreceding business day if the repayment date would fall in the next calendar month. The base interest rate is the swap offered rate corr esponding
to each borrowing period displayed on Page 9154 of the REUTERS Screen as of two business days before the borrowing date. The interest rates will
be determined on Oct. 7, 2020. MEL will announce the details once determined.

12.

Rationale for the Borrowing
Proceeds from the Borrowing will be applied to the repayment of the following borrowings with a repayment date of Oct.
9, 2020.

Category

LenderShortterm

MUFG Bank

BorrowingAmount(Millions of yen)
200

Shinkin Central Bank

750

Interest Rate
Base interest rate +0.070%(floating rate)

Borrowing Date Repayment Date

Repayment
MethodCollateralOct. 9, 2019

Paid in fulluponmaturity

Unsecuredand nonguaranteed

Oct. 9, 2020

3.

Additional Information for Investors
For the risks associated with the Borrowings, there have been no changes to “I. Fund Information, 1. Fund Status, 3.
Investment Risks” stated in the Securities Report filed on May 29, 2020 (Japanese only) and “II Reference Information, 2.
Supplementary Information on Reference Materials, 3. Investment Risks” stated in the Securities Registration Statement
filed on Aug. 13, 2020 (Japanese only).

(Reference)
Outstanding Debt Balance after the Borrowing(Unit: Millions of yen)

Short-term Borrowings
Long-term Borrowings
Total Borrowings
Investment Corporation Bonds
Total Borrowings andInvestment Corporation Bonds

Beforethe Borrowing
2,750
44,82447,574-After
the Borrowing
2,000
45,57447,574-47,57447,574For more information about Mitsubishi Estate Logistics REIT Investment Corporation, please visit:https://mel-reit.co.jp/en/

2Variance
(750)
+750
±0
±0