Japan Metropolitan Fund Investment : Notice Concerning Debt Financing (Refinancing)

June 11, 2021

To all concerned parties:

Investment Corporation

Japan Metropolitan Fund Investment Corporation

(Tokyo Stock Exchange Company Code: 8953）

Representative: Shuichi Namba, Executive Director

URL: https://www.jmf-reit.com/english/

Asset Management Company

Mitsubishi Corp.-UBS Realty Inc.

Representative:	Katsuji Okamoto, President & CEO
Inquiries:	Keita Araki, Executive Director &
	Head of Metropolitan Business Division
	TEL: [phone]

Notice Concerning Debt Financing (Refinancing)

Japan Metropolitan Fund Investment Corporation ("JMF") announced today the refinancing of existing borrowings as outlined below.

1. Refinancing

JMF will refinance the exiting loan (borrowing amount of 5,000 million yen), which reach maturity on June 21, 2021, as below.

Description of New Loan

					Anticipated	Method of
	Loan	Loan			Borrowing,	Repayment
Lender	Interest Rate (Note)	Borrowing
Amount	Term	Repayment of	Date
			Date
					Principal
				Base interest rate		Unsecured and
	¥ 5,000			Jun 21,	unguaranteed,	Jun 30,
MUFG Bank, Ltd.	2 years	Floating	(JBA 1-month yen
Million	2021	lump sum	2023
				TIBOR) + 0.150%		repayment

(Note) The base interest rate applied to the calculation period of the interest to be paid on the interest payment date will be the 1- month Japanese yen TIBOR on a day two business days prior to such interest payment date. If such calculation period is less than one month, the base interest rate will be calculated using the methodology stipulated in the loan agreement. For the Japanese Yen TIBOR, please refer to JBA TIBOR administration's website (http://www.jbatibor.or.jp/english/rate/).

						Method of
Lender	Loan	Loan	Interest Rate (Note)	Borrowing	Borrowing,	Repayment
Amount	Term	Date	Repayment of	Date
						Principal
				Base interest rate		Unsecured and
	¥ 5,000			Jun 21,	unguaranteed,	Jun 21,
MUFG Bank, Ltd.	2 years	Floating	(JBA 1-month yen
Million	2019	lump sum	2021
				TIBOR) + 0.150%		repayment

(Note) The base interest rate applied to the calculation period of the interest to be paid on the interest payment date will be the 1- month Japanese yen TIBOR on a day two business days prior to such interest payment date. If such calculation period is less than one month, the base interest rate will be calculated using the methodology stipulated in the loan agreement. For the Japanese Yen TIBOR, please refer to JBA TIBOR administration's website (http://www.jbatibor.or.jp/english/rate/).

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2. Status of Interest-Bearing Debts After Refinancing

						(Yen in millions)
			Before		After	Variation
		Short-Term Borrowings		0	0	0
	Total Short-TermInterest-Bearing Debt		0	0	0
		Long-Term Borrowings (Note)		487,675	487,675	0
		Corporate Bonds		51,000	51,000	0
	Total Long-TermInterest-Bearing Debt		538,675	538,675	0
	Total Borrowings and Corporate Bonds		538,675	538,675	0

(Note) Long-term borrowing amount includes the current portion of long-term borrowings.

This English language release is for informational purposes only, and the Japanese language release should be referred to as the original.

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