Translation of Japanese Original
January 29, 2019
To All Concerned Parties
REIT Issuer:
Kenedix Office Investment Corporation
Jiro Takeda, Executive Director(Securities Code: 8972)
Asset Management Company:
Kenedix Real Estate Fund Management, Inc.
Masahiko Tajima, President & CEOInquiries:
Hiroaki Momoi
Head of Planning Division
Office REIT Department
TEL: +81-3-5157-6010

Notice Concerning Debt Financing (Series 161)
Kenedix Office Investment Corporation (“the Investment Corporation”) has announced today, that the Investment
Corporation decided to undertake the debt financing (total of 1,000 million yen).
Please see below for the details.
1. Outline of Debt Financing
SeriesLenderAmountInterest Rate
(Note 1) (Note 2)

MUFG Bank, Ltd.

500
millionyen

Base rate(JPY TIBOR
for 1 month)+0.25000%

Contract
Date

January 29,
2019

161

Sumitomo Mitsui
Trust Bank, Limited

500
millionyen

Base rate(JPY TIBOR
for 1 month)+0.25000%

Drawdown
Date

January 31,
2019

Principal
Repayment
Date (Note 1)

Collateral ・Repayment
MethodJanuary 31,
2020

Unsecured,
unguaranteed・Repaymentof principal
in full on
maturity date

Note 1: The first interest payment is due at the end of February 2019, and on the last day of every month thereafter with the principal repayment
day. If each interest payment day or the principal repayment day is a non-business day, then the interest payment or the principal
repayment will be due on the next business day and if that next business day is in the next month, then previous business day will beapplied.
Note 2: The base rate that is applied during interest period for the interest due on each interest payment date shall be calculated based on Japanese
Yen TIBOR for 1 month, which the JBA TIBOR Administration (“the JBATA”) releases two business days before each interest payment
date. The Japanese Yen TIBOR of the JBATA is available on the JBATA website (http://www.jbatibor.or.jp/english/rate/).

2. Purpose of Debt Financing
Series 161 is to apply the fund towards the repayment of Series 151 (1,000 million yen) with the principal repayment
date of January 31, 2019.

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3. Status of Borrowings and Corporate Bonds after the Debt Financing (as of January 31, 2019)(Millions of yen)

Short-Term Borrowings (Note 1)

Balance beforethe Debt Financing
6,200

Balance afterthe Debt Financing
6,200

Long-Term Borrowings (Note 2)

170,850

170,8500Total Borrowings

177,050

177,0500Corporate Bonds

6,000

6,0000183,050

183,0500Classification

Total Borrowings and Corporate Bonds

DifferenceNote 1: Short-term borrowings refer to debt financing with a period less than or equal to one year from the drawdown date to the principal
repayment date. However, the borrowings for which the period until the principal repayment date has surpassed one year because theprincipal repayment date one year from the drawdown date is not a business day, and for which the principal repayment date has been
moved to a different business day, are included in short-term borrowings.
Note 2: Long-term borrowings refer to debt financing with a period more than one year from the drawdown date to the principal repayment date.

4. Other
For risks concerning the repayment, etc. of the aforementioned debt financing, there are no significant changes to the“Investment Risks” as described in the Securities Report (submitted on July 30, 2018).

The Investment Corporation’s website: https://www.kdo-reit.com/en/
This notice is the English translation of the Japanese announcement on our website released on January 29, 2019. However, noassurance or warranties are given for the completeness or accuracy of this English translation.

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