September 12, 2022
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
Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) announces today that it has decided to obtain debt
financing (the “Borrowings”), as outlined below:
1.

Details of the Borrowings

Category(Note 1)

Lender

MUFG Bank, Ltd.

BorrowingAmount(Millions of yen)Interest Rate
(Note 2)430

Base interestrate(Note 4)+0.1100%(floating rate)

Shortterm
Sumitomo Mitsui
BankingCorporation

2,880

Borrowing
Date

Borrowing Method

September14, 2022

Borrowing basedon the overdraft
agreement dated
September 12, 2017,
entered into withthe lender shownon the left
Borrowing based on
an individual termloan agreement
dated September 12,2022, entered intowith the lendershown on the left

Base interest
rate+0.1500%(floating rate)

RepaymentDate(Note 3)

September
14, 2023

Repayment
MethodCollateral

Paid infull uponmaturity

Unsecuredand nonguaranteed

Notes:
1.

“Short-term” refers to borrowings due within one year from the borrowing date. The same shall apply hereinafter.

2.

The first interest payment date is October 14, 2022. Thereafter, the interest payment date will be on the 14th day until and including the repayment
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 therepayment date would fall in the next calendar month. The base interest rate refers to the interest rate (a 365-day-base) of the Japanese yen Tokyo
Interbank Offered Rate (“TIBOR”) for one-month deposits announced by JBA TIBOR Administration (General Incorporated Association) two businessdays before the last date for the immediately preceding interest calculation period of the borrowing date or the interest period. However, if theinterest calculation period is less than one month, the base interest rate defined in the loan agreements will be applied according to the terms andconditions of the loan agreements. Please refer to JBA TIBOR Administration’s website (http://www.jbatibor.or.jp/english/) for changes in the JBA
Japanese yen TIBOR.

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

4.

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

over to the next month.

12.

Rationale for the Borrowings
Proceeds from the Borrowings will be applied to the repayment of the following borrowings with a repayment date of
September 14, 2022.

CategoryLender
MUFG Bank, Ltd.

Longterm

BorrowingAmount(Millions of yen)
430

Sumitomo Mitsui
BankingCorporation

2,050830

Interest Rate

Borrowing Date Repayment Date

0.3575%(fixed rate)

September
14, 2017

0.2400%(fixed rate)

September
14, 2018

September
14, 2022

Repayment
MethodCollateral

Paid in fulluponmaturity

Unsecuredand nonguaranteed

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

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 30, 2022 (Japanese only).

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

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

Beforethe Borrowings
2,700
77,37480,0742,000

After
the Borrowings
6,010
74,06480,0742,000

82,074

82,074For more information about MEL, please visit:https://mel-reit.co.jp/en/

2

Variance+3,310(3,310)-