July 20, 2021
For Translation Purposes Only
Real Estate Investment Fund Issuer:
Mori Hills REIT Investment Corporation(Securities Code: 3234)
1-12-32 Akasaka, Minato-ku, Tokyo
Hideyuki Isobe, Executive Director
Asset Manager:
Mori Building Investment Management Co., Ltd.
Hideyuki Isobe, President & CEO
Inquiries: Akira Nemoto
General Manager of Financial Department
TEL: +81-3-6234-3234

MHR Announces Information on Borrowings
Mori Hills REIT Investment Corporation (hereinafter “MHR”) concluded today the followingborrowings.
1. Purpose of Borrowings
To allocate for part of funds of “Toranomon Hills Mori Tower” (hereinafter “Asset to beAcquired”) to be acquired on August 2, 2021 (Note).
(Note) Please refer to the press release “MHR Announces Acquisition of Trust Beneficiary Interest in Domestic
Real Estate (Toranomon Hills Mori Tower: Additional Acquisition)” dated February 19, 2021 for details.

2. Details of Borrowings
Lender(anticipated)

The Bank ofFukuoka,Ltd.

Borrowingamount(million yen)

500

Interest
rate

Scheduled
drawdown
dateBaseinterest
rate+0.150%

Repaymentdate(Note 3)

Method ofrepayment

Collateral

July 31,2027(Note 1)

ChugokuBank Ltd.

1,000

Base
interest
rate+0.230%(Note 1)

Mitsui
Sumitomo
InsuranceCompany,
Limited
The
Norinchukin
Bank

1,000

1,000

July 31,2028
August 2,2021

0.280%

July 31,2028(Note 2)Baseinterest
rate+0.300%

July 31,2029(Note 1)

1

To berepaid infull on the
Unsecured/principal Unguaranteed
repayment
dateShinsei Bank,
Limited

1,000

Base
interest
rate+0.300%

July 31,2029(Note 1)

Aozora Bank,
Ltd.

1,000

Base
interest
rate+0.320%

July 31,2029(Note 1)The NishiNippon City
Bank, Ltd.

700

Base
interest
rate+0.400%

July 31,2031(Note 1)
(Note 1) The first payment date shall be the last day of October 2021 and subsequent payment dates shall be
the last day of January, April, July, and October every year thereafter. The last payment date shallbe the principal repayment date. If the date is not a business day, the next business day shall be thedate and if this next business day falls into the following month, the business day prior shall be thepayment date.
Base interest rate to be applied will be the 3-month JBA Japanese Yen TIBOR announced by theJapanese Bankers Association two business days prior to the last payment day (The first payment
date shall be the drawdown date). The 3-month JBA Japanese Yen TIBOR can be confirmed on thewebsite of General Incorporated Association JBA TIBOR Administration(https://www.jbatibor.or.jp/english/).
(Note 2) The first payment date shall be the last day of January 2022 and subsequent payment dates shall be
the last day of January and July every year thereafter. The last payment date shall be the principal
repayment date. If the date is not a business day, the next business day shall be the date and if thisnext business day falls into the following month, the business day prior shall be the payment date.
(Note 3) If the repayment date is not a business day, the next business day shall be the repayment date. If thisnext business day falls into the following month, the business day prior shall be the repayment date.

3. Amount of Funds, Use of Funds and Scheduled Payment Period(1) Amount of funds to be procured: 6,200 million yen(2) Specific use of funds and scheduled payment perioda) Specific use of funds:
To allocate for part of funds for acquisition of theAsset to be Acquired, etc.
b) Amount:
6,200 million yenc) Scheduled payment period:
August 2, 2021
4. Borrowings, etc. after the Borrowings(Unit: millions of yen)

Beforethe Borrowings

After
the Borrowings

ChangeLong-term loans payable

167,422

173,622

6,200

Investment corporation bonds

18,80018,8000Total interest-bearing debt

186,222

192,422

6,200(Note 1) Long-term loans payable and investment corporation bonds include the current portion of long-termloans payable and investment corporation bonds within a year.
(Note 2) Amount of investment corporation bonds is a balance after issuance of the investment corporation
bonds as stated in the press release, ”MHR Announces Issuance of Investment CorporationBond(Green Bond)” dated July 14, 2021.

2

5. Other Items Required for Investors to Appropriately Understand/Judge the Concerned
Information
There are no changes to the content of “1. Fund Information; 1. Fund Status; 3. Investment
Risks” indicated in the Semiannual Securities Report (Japanese) for the twenty-ninth fiscal
period submitted on April 28, 2021 as a result of the Borrowings.
MHR’s website address is https://www.mori-hills-reit.co.jp/en/

3