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    3292   JP3047650001

AEON REIT INVESTMENT CORPORATION

(3292)
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AEON REIT Investment : Notice Concerning Debt Financing (Refinancing of the Existing Loans)

09/30/2021 | 02:02am EDT

(Note) This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

September 30, 2021

For Immediate Release

Investment Corporation:

AEON REIT Investment Corporation

1-2-1, Kanda Nishiki-cho,Chiyoda-ku, Tokyo Representative: Nobuaki Seki, Executive Director (Securities code: 3292)

Asset Manager:

AEON Reit Management Co., Ltd.

Representative: Nobuaki Seki, Representative Director and President

Inquiries: Tomohiro Itosaka, Managing Director in charge

of Finance and Administration (TEL: +81-3-5283-6360)

Notice Concerning Debt Financing (Refinancing of the Existing Loans)

AEON REIT Investment Corporation ("we" or the "Investment Corporation") hereby announces that it has

determined the details of debt financing (the "Debt Financing") for the refinancing fund of 19.1 billion yen, whose maturity date is October 20, 2021.Details are as follows.

1. Debt Financing:

  1. Details of the Debt Financing

Financial

Scheduled

borrowing

Repayment

Term

institutions

Interest rate

Borrowing

Financing

Maturity

Security

amount

Method

(Note 2)

(lenders)

(Note 2)

date

method

(Note 2)

and guarantee

(in billions

(Note 3)

(Note 2)

of yen)

Debt financing

based on

individual

term loan

Bullet

Unsecured and

To be

To be

To be

October 20,

agreements

To be

19.1

repayment

unguaranteed

determined

determined

determined

2021

entered into on

determined

(scheduled)

(scheduled)

October 18,

2021 with the

lenders (To be

determined)

(Notes)

  1. The Debt Financing is subject to the fulfillment of certain requirements such as the execution of a loan agreement which is reasonably satisfactory to the lenders and the fulfillment of all of the conditions precedent to the lending as may be separately agreed upon.
  2. We will announce once Term, Financial institutions, Interest rate and Maturity are fixed.
  3. If certain requirements including our advance written notice are met during the period between the date of executions of the Debt Financing and the repayment dates indicated above, each of the borrowings is repayable either in whole or in part prior to the maturity date.

1

(Note) This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

(2) Reason for conducting Debt Financing

The proceeds from the Debt Financing will be used to fund of refinancing funds of 19.1 billion yen (Note 1), that has maturity date of October 20, 2021.

(Note 1) The relevant borrowing was announced in the "Notice Concerning Debt Financing (Determination of Interest Rate) and Conclusion of Interest Rate Swap Agreements on February 25, 2015," "Notice Concerning Debt Financing (Determination of borrowing amount and interest rate) " on February 23, 2016, and "Notice Concerning Debt Financing (Determination of Interest Rate) and Conclusion of Interest Rate Swap Agreements" on March 24, 2017, and "Notice Concerning Debt Financing (Determination of Interest Rate) and Conclusion of Interest Rate Swap Agreements" on October 18, 2018.

(3) Total amount to be procured, use of proceeds and anticipated disbursement date of the proceeds

  1. Total amount to be procured ¥19.1 billion
  2. Specific use of proceeds

The proceeds from the Debt Financing will be used for repayment of borrowings of the foregoing.

  1. Anticipated disbursement date October 20, 2021

In addition, we will announce Status of balance of borrowings and other interest-bearing debt after the Debt Financing are fixed.

2. Additional items required to ensure appropriate understanding and judgment by Investors about the information contained herein:

As for risks regarding repayment of the Debt Financing, there are no material changes from the details described in "Section 2. Matters for reference / 2. Supplementary information for reference materials / 5. Investment risks" mentioned in the securities report submitted on August 2, 2021.

End

*The Investment Corporation's website: https://www.aeon-jreit.co.jp/en/index.html

2

Disclaimer

AEON REIT Investment Corporation published this content on 30 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2021 06:01:11 UTC.


© Publicnow 2021
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Yoko Seki Supervisory Officer
Nobuaki Seki Executive Officer