Frontier Real Estate Investment: Notes on executing and repaying long-term loans


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Translation purpose only

June 17, 2021

To all parties concerned

6-8-7 Ginza, Chuo-ku, Tokyo

Frontier Real Estate Investment Corporation

Takao Iwadou, managing director

(Security code: 8964)

Asset management company:

Mitsui Fudosan Frontier REIT Management Inc.

Shintaro Ono

Chairman of the Board and Representative

director

Requests:

Mitsui Fudosan Frontier REIT Management Inc.

Teruyuki Hayashi

Chief Finance Officer and Director

Tel: + 81-3-3289-0440

Note on the execution and repayment of long-term loans

Frontier Real Estate Investment Corporation (the “Investment Company”) hereby announces that it has decided to take out long-term loans. In addition, the investment company announces that it will repay long-term loans on June 21, 2021. Please see below for details.

1. Implementation of long-term loans

(1)

purpose

To be adjusted for the repayment of long-term loans by June 20, 2017.

(2)

details

â‘ 

Claim date

: June 21, 2021

â‘¡

Repayment of the capital

: Payment in full on the due date

â‘¢

Credit type

: Unsecured, unguaranteed

  • Lender, Amount, Due Date and Interest Rate:

Lender

quantity

Due date

interest rate

Sumitomo Mitsui

Â¥2,000 million

21st December

0.35500%

Banking company

2028

(The interest rate is fixed until the due date.)

2. Long term loan repayment

Details on the repayment of the long-term loans on June 21, 2021 are as follows.

Lender

Borrow

Drawdown

Maturity

repayment

Credit type

quantity

date

date

of the headmaster

Sumitomo Mitsui

20th June,

June 21st,

Full payment

Â¥2,000 million

to maturity

Unsecured

Banking company

2017

2021

date

Not guaranteed

3. Change in the financial balance, etc.

(Unit

: ¥Million)

In front

After this

deviation

This refinancing

This refinancing

Short term loans

Long term loans

104,400

104,400

Investment company

11,000

11,000

tie up

total

115,400

115,400

  1. Long termFinancial debt includes the remaining amount of financial debt due within one year.

4. Others

With regard to the loan repayment risk, there is no material change to the description of “investment risks” in the last securities report dated March 30, 2021.

Frontier Real Estate Investment Corporation website: https://www.frontier-reit.co.jp/en/

Disclaimer of liability

This information was originally published in the original Japanese language and has been translated for reference only. Frontier Real Estate Investment Corporation does not warrant the completeness or accuracy of this English translation. For full and detailed information, see the press release in Japanese. Furthermore, this press release is not intended as an incentive or solicitation to invest. All readers are advised to consult their own investment advisor before investing in the investment company. Investment decisions are made at the sole discretion and responsibility of the investor and are made at the investor’s own risk. The Investment Company and its affiliates disclaim any responsibility or liability for the consequences of investing in the Investment Company.

Disclaimer of liability

Frontier Real Estate Investment Corporation published this content on June 17, 2021 and is solely responsible for the information contained therein. Distributed by Publicity, unedited and unchanged, on June 17, 2021 7:01:01 AM UTC.

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