Inactive Instrument

MORI TRUS

Equities

3478

JP3048380004

MORI TRUST Hotel Reit : Notice Concerning Borrowing of Funds (Determination of Interest Rate)

November 26, 2021 at 02:30 am EST

November 26, 2021

For Immediate Release

Real Estate Investment Trust Securities Issuer

MORI TRUST Hotel Reit, Inc.

Representative: Amane Sakamoto, Executive Director

(Securities Code: 3478)

Asset Management Company

MORI TRUST Asset Management Co., Ltd.

Representative:	Michio Yamamoto,
	President and Representative Director
Contact:	Nobuyuki Aizawa, General Manager,
	Strategic Management Department,
	Hotel REIT Management Division
	(TEL: +81-3-6435-7011)

Notice Concerning Borrowing of Funds (Determination of Interest Rate)

MORI TRUST Hotel Reit, Inc. ("MORI TRUST Hotel Reit") hereby announces today that it determined the interest rates for new loans announced in the press release "Notice Concerning Borrowing of Funds" on November 25, 2021 as described below.

Details

1. Determination of interest rate

		Loan		Loan type	Drawdown date
Category	Lender	amount	Interest rate
Repayment method	Repayment date
		(million yen)


				Unsecured
	MUFG Bank, Ltd.	3,000	0.52470%	Unguaranteed	November 30, 2021
	(Fixed interest rate)	Lump-sum repayment	August 30, 2024

				upon maturity

				Unsecured
Long-term	Sumitomo Mitsui Trust	3,000	0.52750%	Unguaranteed	November 30, 2021
Bank, Limited	(Fixed interest rate)	Lump-sum repayment	November 29, 2024
				upon maturity

				Unsecured
	Development Bank of	1,500	0.52750%	Unguaranteed	November 30, 2021
	Japan Inc.	(Fixed interest rate)	Lump-sum repayment	November 29, 2024

				upon maturity

2. Others

MORI TRUST Hotel Reit has made no change to the details of investment risks stated in the securities report submitted on May 28, 2021 in connection with risks associated with the repayment of the borrowing of funds and the like.

* MORI TRUST Hotel Reit's website: http://www.mt-hotelreit.jp/en/

Disclaimer: This document is an English translation of a press release for public announcement concerning of borrowing of funds, and has not been prepared for the purpose of solicitation of investment.

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Disclaimer

Mori Trust Hotel REIT Inc. published this content on 26 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 07:29:06 UTC.

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Company Profile

MORI TRUST Hotel Reit, Inc. is real estate investment trust (REIT) company. It aims to achieve sustainable growth in asset and stable earnings. The Fund mainly invests in hotels. Main property portfolio includes Shangri-La Hotel, Tokyo, Hilton Odawara Resort & Spa, Courtyard by Marriott Tokyo Station, Courtyard by Marriott Shin-Osaka Station, Hotel Sunroute Plaza Shinjuku. The asset manager of the Fund is MORI TRUST Asset Management Co.,Ltd.

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