July 15, 2022
For Immediate Release
Real Estate Investment Trust Securities Issuer:
Mitsui Fudosan Logistics Park Inc. (Securities Code: 3471)
6-8-7 Ginza, Chuo-ku, Tokyo 104-0061
Representative: Hiroshi Asai, Executive Director
Asset Management Company:
Mitsui Fudosan Logistics REIT Management Co., Ltd.
Representative: Yukio Yoshida, President and Chief Executive
Officer
Inquiries: Tatsu Makino, Managing Director & Chief Financial
Officer
Tel. +81-3-6327-5160
Notice Concerning Change (Increase) to Maximum Amount of the Commitment Line and Extension of its Period
Mitsui Fudosan Logistics Park Inc. ("MFLP-REIT") today announced that it has changed the maximum amount
and extended the period of the commitment line stated in the press release announced on August 2, 2016 as follows.
1. Purpose for the change of the commitment line
MFLP-REIT has changed to increase the maximum amount of the commitment line from ¥3,000 million to ¥5,000 million when extending the period of the commitment line already established with Sumitomo Mitsui Banking Corporation, in order to build an even stronger financial base and improve financial stability as the asset size expands.
As a result, agreements established by MFLP-REIT has two commitment line agreements in the total amount of ¥10,000 million (total amount of maximum borrowing capacity).
2. Overview of the commitment line agreement
(Previous)
Sumitomo Mitsui Banking Corporation
(1) | Maximum Amount | ¥3,000 Million |
(2) | Date of Agreement | August 2, 2016 |
(3) | Commitment period | August 1, 2024 |
(4) | Collateral | Unsecured, Unguaranteed |
(Current)
Sumitomo Mitsui Banking Corporation
(1) | Maximum Amount | ¥5,000 Million |
(2) | Date of Agreement | August 2, 2016 |
(3) | Commitment period | August 1, 2025 |
(4) | Collateral | Unsecured, Unguaranteed |
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3. Overview of commitment lines after this extension
Lender | Maximum Amount | Date of Agreement | Commitment Period |
(million yen) | |||
Sumitomo Mitsui Banking | 5,000 | August 2, 2016 | August 1, 2025 |
Corporation | |||
Syndicate with Sumitomo Mitsui | |||
Trust Bank, Limited | 5,000 | February 26, 2021 | February 29, 2024 |
as arranger | |||
Total | 10,000 | - | - |
4. Others
Concerning the risks of the commitment line period, there are no material changes in the details of risks as described in "Part I Fund Information / 1. Overview of Fund / 3. Investment Risks" of the Securities Report submitted on April 26, 2022.
We did not publish an English version of the Securities Report.
End
*MFLP-REIT's corporate website: https://www.mflp-r.co.jp/en/
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Disclaimer
Mitsui Fudosan Logistics Park Inc. published this content on 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 06:33:03 UTC.