Kenedix Residential Next Investment Corporation announced the decision regarding debt financing (total of ¥300 million) and execution of interest rate swap agreement. The details are as follows. Lender: MUFG Bank Ltd., Amount ¥300 million, Interest Rate: JPY TIBOR for 3 month + 0.500%, Contract Date: October 23, 2020, Drawdown Date: October 27, 2020, Principal repayment Date: October 31, 2027 and Collateral Repayment Method: Unsecured, unguaranteed - Repayment of principal in full on maturity date. The proceed of this debt financing is to be used for the repayment of the borrowing series 16-A (¥0.3 billion) with repayment date of October 27, 2020.