Daiwa Securities Living Investment Corporation (hereinafter referred to as the ?Investment Corporation?) has decided to refinance the borrowings of JPY 2,591 million in total (hereinafter referred to as the ?Refinancing?). I. The Refinancing 1. Borrowing of Funds (1) Reason for the Borrowing The Investment Corporation has decided to enter into new borrowing for purpose of refinancing the existing borrowings of JPY 2,591 million, which are due for repayment on January 30, 2026. For the details of the existing borrowings, please refer to the press release ?Notice Concerning Refinancing of Loans?
on July 20, 2020. (2) Summary of the Borrowing The Investment Corporation has decided to borrow of JPY 2,591 million from a financial institution with existing transactions. i) Term Loans 26A Lenders MUFG Bank Ltd. amount of borrowing JPY 567 million, The Norinchukin Bank amount of borrowing JPY 600 million, SBI Shinsei Bank, Limited amount of borrowing JPY 300 million, Resona Bank, Limited amount of borrowing JPY 300 million, interest rate 1-month JBA Japanese Yen TIBOR+0.4283% (Note), draw down date January 30, 2026, method unsecured, lump-sum repayment on the due date, due date June 30, 2031.
ii) Individual Loans Lenders Sumitomo Mitsui Banking Corporation amount of borrowing JPY 824 million, interest rate 1-month JBA Japanese Yen TIBOR+0.4283% (Note), drawdown date January 30, 2026, method unsecured, lump-sum repayment on the due date, due date June 30, 2031.
