June 21, 2021
To All Concerned Parties
Name of REIT Issuer:
Nippon Building Fund, Inc.
Koichi Nishiyama, Executive Director
(TSE Code : 8951)
Contact:
Asset Management Company
Nippon Building Fund Management, Ltd.
Yoshiyuki Tanabe, President and CEO
Person to Contact:
Yukio Handa, General Manager
(TEL. +81-3-3516-3370)
Notice Concerning Debt Financing
Nippon Building Fund, Inc. ("NBF") hereby provides notice that the following was decided as of June 21,
2021 concerning long-term borrowings:
Description
1. Long-term Borrowings
Amount | Interest | Expected Date of | Methods of Borrowing, | Repayment Due | |
Lender | Repayment, Security and | ||||
Borrowed | Rate | Implementation | Date | ||
Guarantee etc. | |||||
MUFG Bank, Ltd. | ¥2 billion | 0.335% | Unsecured, | January 31, 2029 | |
¥3 billion | 0.400% | June 28, 2030 | |||
June 30, 2021 | unguaranteed, repayable | ||||
in one lump sum on | |||||
Sumitomo Mitsui | |||||
¥1 billion | 0.350% | repayment due date | June 29, 2029 | ||
Banking Corporation | |||||
2. Amount, Use and Expected Date of Expenditure of Proceeds
- Amount to be borrowed Total ¥6 billion
- Specific use of proceeds Refinancing of long-term borrowings
- Expected date of expenditure June, 2021
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3. Status of Borrowings etc. following the financing
(Unit: million yen) | ||||
Before | After | Increase / | ||
Financing | Financing | Decrease | ||
Short-term borrowings | 0 | 0 | 0 | |
Long-term borrowings | 27,000 | 27,000 | 0 | |
(Floating interest rate) | ||||
Long-term borrowings | 466,500 | 466,500 | 0 | |
(Fixed interest rate) | ||||
Bonds | 57,000 | 57,000 | 0 | |
Total | 550,500 | 550,500 | 0 | |
4. Other Matters Required for Investors to Appropriately Understand and Evaluate the Above Information
There is no change to the content of "Investment Risks" of the Securities Report submitted on March 30, 2021 with respect to the risks involved in repayment etc. of the current debt financing.
End
This English language notice is a translation of the Japanese language notice dated June 21, 2021 and was prepared solely for the convenience of, and reference by, overseas investors. Neither NBF nor Nippon Building Fund Management, Ltd. makes any warranties as to its accuracy or completeness.
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Disclaimer
Nippon Building Fund Inc. published this content on 21 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2021 07:32:00 UTC.