MORI TRUST REIT, Inc. (MTR) announced that its decision to perform the borrowing of funds. MTR has decided to execute the borrowing in order to repay long-term loans payable of JPY 1,000 million ("existing loans"), which reach maturity on May 31, 2023. Details of the borrowing: Long-term loans.

Lender is Nippon Life Insurance Company. Loan amount is JPY 1,000 million. Interest rate is 0.76285% (Fixed interest rate).

Loan type Repayment method is Unsecured Unguaranteed Lump-sum repayment upon maturity. Drawdown date is May 31, 2023. Repayment date is August 31, 2028.