Japan Excellent, Inc.

8987

JP3046420000

Commercial REITs

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-05-21 am EDT			5-day change	1st Jan Change
125,900 ^JPY	-0.40%		-0.32%	+0.40%

May. 13	Tranche Update on Japan Excellent, Inc.'s Equity Buyback Plan announced on February 19, 2024.	CI
May. 10	Japan Excellent, Inc.'s Equity Buyback announced on February 19, 2024, has closed with 15,984 shares, representing 1.19% for ¥1,999.89 million.	CI

Japan Excellent : Notice Concerning Debt Financing (Determination of Interest Rates)

June 28, 2022 at 04:21 am EDT

For Immediate Release

For Translation Purposes Only

June 28, 2022

Japan Excellent, Inc. (TSE: 8987)

Shuichiro Kayama, Executive Director

Asset Management Company:

Japan Excellent Asset Management Co., Ltd.

Representative:

Shuichiro Kayama, President

Contact:

Kazue Horikawa

General Manager, Corporate Planning Dept.

TEL: +81-3-5412-7911

Notice Concerning Debt Financing

(Determination of Interest Rates)

Japan Excellent, Inc. announces the applicable interest rates on the loan drawn down on June 30, 2022. Brief details are as follows.

(Note) For details of the Loan, please refer to "Notice Concerning Debt Financing" dated June 24, 2022.

1. Loan (Term:9.0 years)
(1)	Lenders	: Development Bank of Japan Inc.
(2)	Borrowing period	: June 30, 2022 to June 30, 2031
(3)	Loan Amount	: ¥2.0billion
(4)	Interest rate	: 1.08125% (Fixed rate)

(End)

Japan Excellent, Inc. Website: www.excellent-reit.co.jp/en/

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Japan Excellent Inc. published this content on 28 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2022 08:20:07 UTC.

Latest news about Japan Excellent, Inc.

Tranche Update on Japan Excellent, Inc.'s Equity Buyback Plan announced on February 19, 2024.	May. 13	CI
Japan Excellent, Inc.'s Equity Buyback announced on February 19, 2024, has closed with 15,984 shares, representing 1.19% for ¥1,999.89 million.	May. 09	CI
Japan Excellent Repurchases 774 Million Yen Worth of Units in April	May. 03	MT
Japan Excellent Sets Interest Rate for 8-year 2 Billion Yen Loan	Apr. 24	MT
Japan Excellent Secures 10 Billion Yen Debt Financing	Apr. 22	MT
Japan Excellent Repurchases 746.58 Million Yen Worth of Units in March	Apr. 02	MT
Japan Excellent Secures CASBEE Certification for Two Properties	Apr. 01	MT
Tranche Update on Japan Excellent, Inc.'s Equity Buyback Plan announced on February 19, 2024.	Apr. 01	CI
Japan Excellent to Buy Back Investment Units Worth Up to 2 Billion Yen	Feb. 20	MT
Japan Excellent to Sell Tokyo Property for 6.2 Billion Yen	Feb. 20	MT
Japan Excellent, Inc. announces an Equity Buyback for 18,000 shares, representing 1.35% for ¥2,000 million.	Feb. 19	CI
An undisclosed buyer agreed to acquire JEI Hongo Building from Japan Excellent, Inc. for ¥6.2 billion.	Feb. 18	CI
Japan Excellent, Inc. authorizes a Buyback Plan.	Feb. 18	CI
Japan Excellent Renews 14 Billion Yen Committed Credit Line	Jan. 25	MT
Japan Excellent, Inc. Establishes Commitment Line of Credit	Jan. 24	CI
Japan Excellent Obtains Environmental Efficiency Certification for Three Properties	Dec. 26	MT
Japan Excellent, Inc. Revises Dividend Guidance for the 36Th Fiscal Period Ending June 30, 2024	Dec. 26	CI
Japan Excellent to Issue 2 Billion Yen Investment Corporation Bonds	Dec. 06	MT
Japan Excellent, Inc. Announces Debt Financing	Dec. 04	CI
Japan Excellent Secures 10.77 Billion Yen Loan from Major Banks	Nov. 27	MT
Japan Excellent, Inc. Announces New Debt Financing	Nov. 24	CI
Japan Excellent, Inc. Announces Additional Acquisition of Co-Ownership Interests in Grand Front Osaka and Grand Front Osaka	Nov. 06	CI
Japan Excellent, Inc. agreed to acquire 2.3% stake in Co-ownership Interests in GRAND FRONT OSAKA Umekita Plaza, South Building and North Building from Nippon Steel Kowa Real Estate Co., Ltd. for ¥8.3 billion.	Nov. 05	CI
Japan Excellent, Inc. Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-17	CI
Japan Excellent, Inc. Provides Financial Guidance for the 35th Period Ending December 31, 2023 and for the 36th Period Ending June 30, 2024	23-08-17	CI

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Company Profile

Japan Excellent, Inc. is a real estate investment trust (REIT) company. It aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. It primarily invests in office buildings located in Tokyo's six central wards, central Osaka and Nagoya, Tokyo's surrounding areas, including Kanagawa, Saitama and Chiba Prefectures, as well as other government-designated cities. Its property portfolio includes Kowa Kawasaki Nishiguchi Building, Akasaka Garden City, Omori Bellport D, AKASAKA INTERCITY, Musashikosugi Tower Place, Daiba Garden City Building, Kowa Kawasaki Higashiguchi Building, Shiba 2-Chome Building, JEI Hamamatsucho Building and No.44 Kowa Building. The asset manager of the Fund is Japan Excellent Asset Management Co., Ltd.

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Commercial REITs

Calendar

2024-08-14 - Q2 2024 Earnings Release (Projected)

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Office REITs

Japan Excellent, Inc.

Equities

8987

JP3046420000

Commercial REITs

Japan Excellent : Notice Concerning Debt Financing (Determination of Interest Rates)

Latest news about Japan Excellent, Inc.

Chart Japan Excellent, Inc.

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Sector Office REITs