8955 Ｒ－Ｊプライム 2020-09-18 15:00:00
Notice Concerning Borrowing [pdf]
September 18, 2020
For Translation Purpose Only
For Immediate Release
Japan Prime Realty Investment Corporation
Yoshihiro Jozaki, Executive Officer
(Securities Code: 8955)
Asset Management Company:
Tokyo Realty Investment Management, Inc.
Yoshihiro Jozaki, President and CEO
Inquiries: Yoshinaga Nomura, Director and CFO
(TEL: +81-3-3516-1591)
Notice Concerning Borrowing
Japan Prime Realty Investment Corporation (JPR) today announced its decision to undertake borrowing as described below.
Details
1. Details of Borrowing
Drawdown Type of Borrowing and Repayment
Lender Amount Interest Rate
Date Repayment Method Date
Unsecured, non-guaranteed,
Shinsei Bank, Ltd. ¥1,000 0.675% September 24, principal repayment September 24,
million fixed rate 2020 2030
in full on maturity
Unsecured, non-guaranteed,
¥1,000 0.525% September 24, September 25,
Shinsei Bank, Ltd. million fixed rate 2020 principal repayment 2028
in full on maturity
Unsecured, non-guaranteed,
¥500 0. 525% September 24, September 25,
Aozora Bank, Ltd. million fixed rate 2020 principal repayment 2028
in full on maturity
2. Use of Funds
JPR will undertake this borrowing to partly repay the long-term borrowing of ¥3,000 million which will become
due for repayment on September 24, 2020. Furthermore, as for the difference between the repayment amount and
the amount of this borrowing, cash and deposits is to be allocated from the remaining amount which was funded in
the fiscal period ending June 30, 2020
3. Status of Debt after Additional Borrowing
(Yen in millions)
Balance before Balance after Change
Additional Borrowing Additional Borrowing
Short-Term Loans Payable - - -
Long-Term Loans Payable 160,520 160,020 (500)
Investment Corporation Bonds 26,500 26,500 -
Interest-Bearing Debt 187,020 186,520 (500)
Ratio of Interest-Bearing Debt to Total Assets (Note 2) 39.5% 39.5% -
(Note 1) Long-Term Loans Payable and Investment Corporation Bonds each include the current portions.
(Note 2) Ratio of Interest-Bearing Debt to Total Assets mentioned above is calculated using the following formula and then rounded
to the first decimal place:
Ratio of Interest-Bearing Debt to Total Assets (%) = Interest-Bearing Debt ÷ Total Assets x 100
Total Assets is calculated by adding or subtracting the increase or decrease in Interest-Bearing Debt after the end of the fiscal
period ended June 30, 2020 to the total assets as of the end of the fiscal period ended June 30, 2020.
4. Other Matters Required for Investors to Appropriately Understand and Evaluate the Above Information
There will be no changes made to the content of the investment risk indicated in the Securities Report filed on March
26, 2020 with respect to the risks involved in repayment, etc. of the current borrowings.