October 13, 2021
Press Release
Issuer of Real Estate Investment Trust Securities
MORI TRUST Sogo Reit, Inc.
4-3-1 Toranomon, Minato-ku, Tokyo
Masayuki Yagi,
Executive Director (TSE code 8961)
Asset Management Company:
MORI TRUST Asset Management Co., Ltd. Michio Yamamoto
President and Representative Director Contact:
Hiroshi Naito
General Manager, Strategic Management Department,
Sogo REIT Management Division
Phone: +81-3-6435-7011
Notice of a New Loan
Tokyo, October 13, 2021 - Mori Trust Sogo Reit, Inc. (MTR) has announced details of a new loan as follows:
Ⅰ . New Loan
1. Reason for loan
Due to the repayment of existing loan, which reaches maturity October 15, 2021.
2. Loan details | ||||
[Short-term loan] | (Million yen) | |||
Loan Type and | Drawdown Date and | |||
Lender | Loan Amount | Interest Rate | Repayment | |
Repayment Date | ||||
Method | ||||
Basic interest rate(JBA | Unsecured/ | October 15, 2021 | ||
Resona Bank, Limited. | 500 | 1‐month Japanese Yen | non-guaranteed | |
October 14, 2022 | ||||
TIBOR) + 0.14% | Bullet payment | |||
(Note) Basic interest rate to be applied from now on will be JBA 1‐month Japanese Yen TIBOR which JBATA releases two business days prior to drawdown date or the last day of each month(if such date is not a business day, the previous day will be the date.).
With regard to JBA Japanese Yen TIBOR, please refer to the website of JBATA.
(http://www.jbatibor.or.jp/english/)
3. Use of funds
Repayment of existing loan.
Disclaimer:
This English language document is provided as a service and is not intended to be an official statement. Should a discrepancy be found, the Japanese original will always govern the meaning and interpretation.
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Ⅱ. Status of loans and bonds after the new loan
(Million yen) | |||
Before | After | Increase/Decrease | |
Short-term loans | 6,000 | 6,000 | - |
Long-term loans | 133,500 | 133,500 | - |
Investment | 14,000 | 14,000 | - |
Corporation Bonds | |||
Total | 153,500 | 153,500 | - |
Disclaimer:
This English language document is provided as a service and is not intended to be an official statement. Should a discrepancy be found, the Japanese original will always govern the meaning and interpretation.
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MORI TRUST Sogo Reit Inc. published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 07:01:02 UTC.