November 28, 2017
For Immediate Release
Infrastructure Fund Issuer:
Takara Leben Infrastructure Fund, Inc.
Representative:
Masahide Kikuchi, Executive Director(Securities Code: 9281)
Management Company:
Takara Asset Management Co., Ltd.
Representative:
Tetsuo Funamoto, President & CEO
Mamoru Takahashi, Director&CIO
Contact:(Phone: 03-6262-6402)

Notice Concerning Borrowing of Funds
Takara Leben Infrastructure Fund, Inc. (hereinafter referred to as the “Investment Corporation”) announces the decision
to borrow funds today, November 28, 2017, as follows (hereinafter referred to as the “Borrowings”).
Description:
I. Borrowing of funds
1. Details of the Borrowings (Note 1)
Scheduled amountInterest rate
Category

LenderDate of extensionof Borrowings

Repayment
Borrowing method(Note 2)

Maturity dateof loans

Collateralmethod(Unit: million yen)
Business day
Borrowings based on theInterest rate

immediately

Mizuho Bank, Ltd.

individual term loan
obtained byLong-

Resona Bank, Ltd

December 1,
1,395

term

Unsecured

repayment

andin partunguarantee(Note 4)dInstallment

Unsecured

November 30,repayment

and2017in partunguarantee(Note 4)dagreement (typical type)adding 0.5%

SumitomoMitsui

Installment
preceding the10th anniversary

2017

dated November 28,

to the baseof the date ofBanking Corporation2017 with the lenders
rateextension ofshown on the leftloans
Borrowings based on theDate on which

Interest rate
Mizuho Bank, Ltd.

individual term loan
the Investment

obtained byLong-Resona Bank, Ltd

Corporation475

term

agreement (commitment

adding 0.5%

Sumitomo Mitsui Bankingtype) dated November
notifies Mizuho

to the base
Corporation28, 2017 with theBank, Ltd.

ratelenders shown on on the(Note 3)left(Note 1) The Borrowings described above are subject to the following conditions: Execution of relevant agreements reasonably satisfied under theconditions of the financial institutions described in the section of “lender” above; satisfaction of the preconditions for execution of loans set forth insaid agreements; and final approval of the terms and conditions of the relevant agreements by the governing body of said financial institutions.
(Note 2) The fees for loans, among other charges, payable to the lenders are not included.
The base rate applicable to the interest rate payable on the due date of payment of interest shall be the Japanese Yen TIBOR for six (6) months as ofthe day at least two business days prior to the date of execution of loans or each due date of payment of interest that the Japanese Bankers
Association (JBA) TIBOR Administration publishes (hereinafter referred to as the “JBA 6-month Japanese Yen TIBOR”). The said base rate shallbe reviewed on each due date of payment of interest. However, if the rate for the period of calculation of interest is unavailable, the base rate shallbe the interest rate for the relevant period calculated according to the method designated by the agreement. In addition, if such interest rate falls

Note: The purpose of this press release is to publicly announce the borrowing of funds by the Investment
Corporation. It was not prepared for the purpose of soliciting an investment.
1below 0%, the base rate shall be 0%. For the JBA 6-month Japanese Yen TIBOR, refer to the website of the JBA TIBOR Administration(http://www.jbatibor.or.jp/rate/).
(Note 3) This date shall be the scheduled date of acquisition of LS Shizuoka Omaezaki Power Plant, which is one of the infrastructure assets described in the“Notice Regarding Acquisition and Lease of Infrastructure Assets in Japan” announced today (hereinafter referred to as the “Assets to BeAcquired”).
(Note 4) A part of the principal (the amount obtained by dividing the total sum of the Borrowings by 34) shall be repaid on the last day of May andNovember of each year (if the said last day is not a business day, it shall be repaid on the immediately following business day; and if the said
immediately following business day falls within the following month, it shall be repaid on the immediately preceding business day) with the date of
the first installment payment being May 31, 2018. The remainder of the principal shall be repaid on the maturity date in a lump sum.

2. Reason for the Borrowings
For appropriation to part of the funds for acquisition of the Assets to Be Acquired and related expenses.
3. Amount, purpose of use and schedule of expenditure of funds to be produced(1) Amount of funds to be procured
1,870,000,000 yen in total(2) Specific purpose of use of funds to be procured
For appropriation to part of the funds for acquisition of the Assets to Be Acquired and expenses related thereto(including national and local consumption taxes)(3) Schedule of expenditure
December 1, 2017 and the scheduled date of acquisition of LS Shizuoka Omaezaki Power Plant
4. Status of loans, etc. after the Borrowings(Unit: million yen)
Before execution of loans
described herein (as ofAfter execution of loans

Changedescribed herein

November 28, 2017)
Short-term loans (Note 1)

720

830

109

Long-term loans (Note 1)

11,282

12,682

1,399

12,003

13,513

1,509---

12,003

13,513

1,509---

12,003

13,513

1,509

Total loans
Investment corporation bonds
Total sum of loans and investment
corporation bonds
Other interest-bearing debts
Total interest-bearing debts(Note 1) Short-term loans shall refer to loans payable for a period of one (1) year or less from the date of borrowing to the due date of payment. Long-termloans shall refer to loans payable for a period of more than one (1) year from the date of borrowing to the due date of payment.
(Note 2) The figures indicated above have been rounded down to the nearest million yen.

II. Other necessary matters for appropriate understanding and judgment of the information by investors
With respect to the risks associated with repayment of the Borrowings, etc., no change has been made to the content of“Part I. Fund Information, I. State of Funds, 3. Investment Risk” in the securities report submitted on August 23, 2017.
End.
* Takara Leben Infrastructure Fund’s website: http://tif9281.co.jp/
Note: The purpose of this press release is to publicly announce the borrowing of funds by the Investment
Corporation. It was not prepared for the purpose of soliciting an investment.
2