Hankyu REIT
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Debts


Hankyu REIT, Inc. has the borrowings as of July 31, 2018 as follows:

Lender Outstanding debt total
(million yen)
Loan to value ratio
MUFG Bank, Ltd. 19,100 29.9%
Sumitomo Mitsui Banking Corporation 12,200 19.1%
Development Bank of Japan Inc. 12,000 18.8%
Sumitomo Mitsui Trust Bank, Limited 8,800 13.8%
Mizuho Bank, Ltd. 6,900 10.8%
The Senshu Ikeda Bank, Ltd. 3,400 5.3%
Mizuho Trust & Banking Co., Ltd. 1,500 2.3%
Total 63,900 100.0%

Short-term

Lender Outstanding debt total
(million yen)
Interest rate Draw down
 date
Repayment
date
Repayment method Notes
MUFG Bank, Ltd. * 1,000 Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.15% (Note 1) February 28,
2018
February 28,
2019
Lump-sum repayment Unsecured/
non-guaranteed
Variable interest rate
Sumitomo Mitsui Banking Corporation 2,000 Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.15% (Note 2) March 30,
2018
March 29,
2019
MUFG Bank, Ltd. 1,000 Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.15% (Note 3) May 28,
2018
May 28,
2019
MUFG Bank, Ltd. 1,500 Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.15% (Note 3) May 31,
2018
May 28,
2019
Sumitomo Mitsui Banking Corporation 1,000 Base interest rate (JBA 1-month Japanese Yen TIBOR) + 0.15% (Note 4) July 31,
2018
July 31,
2019
Total 6,500   - - - -
* In accordance with the "functional realignment" of Mitsubishi UFJ Financial Group, Inc. as of April 16, 2018,
  the former lender Mitsubishi UFJ Trust and Banking Corporation is now MUFG Bank, Ltd.
(Note 1) The base interest rate applied on the interest to be paid on interest payment date will be JBA 1-month
             Japanese Yen TIBOR as of two days prior to the most recent interest payment date (in case of first
             payment, this will be the drawdown date) of each interest payment date. Interest payment dates are the
             last day of every month, with the first payment date being March 30, 2018.
(Note 2) The base interest rate applied on the interest to be paid on interest payment date will be JBA 1-month
             Japanese Yen TIBOR as of two days prior to the most recent interest payment date (in case of first
             payment, this will be the drawdown date) of each interest payment date. Interest payment dates are the
             last day of every month, with the first payment date being April 27, 2018.
(Note 3) The base interest rate applied on the interest to be paid on interest payment date will be JBA 1-month
             Japanese Yen TIBOR as of two days prior to the most recent interest payment date (in case of first
             payment, this will be the drawdown date) of each interest payment date. Interest payment dates are the
             28th of every month, with the first payment date being June 28, 2018.
(Note 4) The base interest rate applied on the interest to be paid on interest payment date will be JBA 1-month
             Japanese Yen TIBOR as of two days prior to the most recent interest payment date (in case of first
             payment, this will be the drawdown date) of each interest payment date. Interest payment dates are the
             last day of every month, with the first payment date being August 31, 2018.
    The JBA Japanese Yen TIBOR can be referenced at the JBA TIBOR Administration website:
     http://www.jbatibor.or.jp/english/rate/

Long-term

Lender Outstanding debt total
(million yen)
Interest rate Draw down
 date
Repayment
date
Repayment method Notes
MUFG Bank, Ltd. * 2,000 1.31957% August 30,
2013
August 31,
2020
Lump-sum repayment Unsecured/
non-guaranteed
Fixed interest rate
MUFG Bank, Ltd. * 1,000 1.20595% October 31,
2013
October 30,
2020
The Senshu Ikeda Bank, Ltd. 1,000 1.20595% October 31,
2013
October 30,
2020
Sumitomo Mitsui Trust Bank, Limited 1,000 1.20595% October 31,
2013
October 30,
2020
Development Bank of Japan Inc. 4,000 1.26104% December 24,
2013
December 24,
2020
Sumitomo Mitsui Trust Bank, Limited 3,000 0.85968% January 21,
2014
January 31,
2019
Mizuho Bank, Ltd. 2,000 0.95968% January 21,
2014
January 31,
2019
MUFG Bank, Ltd. 1,000 0.96537% January 23,
2014
January 31,
2019
Sumitomo Mitsui Banking Corporation 3,500 0.73972% July 22,
2014
July 31,
2019
MUFG Bank, Ltd. * 2,000 0.73972% July 22,
2014
July 31,
2019
Mizuho Bank, Ltd. 1,500 1.08976% September 30,
2014
September 30,
2022
MUFG Bank, Ltd. 1,400 1.08976% September 30,
2014
September 30,
2022
Sumitomo Mitsui Banking Corporation 1,200 1.08976% September 30,
2014
September 30,
2022
MUFG Bank, Ltd. * 1,200 1.08976% September 30,
2014
September 30,
2022
The Senshu Ikeda Bank, Ltd. 1,200 1.08976% September 30,
2014
September 30,
2022
Sumitomo Mitsui Trust Bank, Limited 500 1.08976% September 30,
2014
September 30,
2022
Sumitomo Mitsui Banking Corporation 1,500 0.98328% December 24,
2014
december 26,
2022
Mizuho Trust & Banking Co., Ltd. 1,000 0.98328% December 24,
2014
december 26,
2022
Development Bank of Japan Inc. 500 0.98328% December 24,
2014
december 26,
2022
MUFG Bank, Ltd. 500 0.98328% December 24,
2014
december 26,
2022
Mizuho Bank, Ltd. 500 0.98328% December 24,
2014
december 26,
2022
MUFG Bank, Ltd. * 500 0.98328% December 24,
2014
december 26,
2022
Sumitomo Mitsui Trust Bank, Limited 300 0.98328% December 24,
2014
december 26,
2022
The Senshu Ikeda Bank, Ltd. 200 0.98328% December 24,
2014
december 26,
2022
MUFG Bank, Ltd. 2,000 0.79316% January 23,
2015
January 31,
2022
MUFG Bank, Ltd. * 3,000 1.06833% February 27,
2015
February 29,
2024
Mizuho Bank, Ltd. 1,400 1.06833% February 27,
2015
February 29,
2024
The Senshu Ikeda Bank, Ltd. 800 1.06833% February 27,
2015
February 29,
2024
Development Bank of Japan Inc. 4,000 1.24659% May 15,
2015
May 30,
2025
Sumitomo Mitsui Trust Bank, Limited 2,800 0.77064% May 31,
2017
May 31,
2027
Development Bank of Japan Inc. 3,000 0.77701% September 29,
2017
September 30,
2027
Mizuho Bank, Ltd. 1,000 0.77462% February 28,
2018
February 29,
2028
Sumitomo Mitsui
Banking Corporation
2,500 0.80082% May 24,
2018
May 31,
2028
Sumitomo Mitsui Banking Corporation 500 0.79156% May 28,
2018
May 31,
2028
Development Bank of Japan Inc. 500 0.79156% May 28,
2018
May 31,
2028
Mizuho Bank, Ltd. 500 0.79156% May 28,
2018
May 31,
2028
Mizuho Trust & Banking Co., Ltd. 500 0.79156% May 28,
2018
May 31,
2028
The Senshu Ikeda Bank, Ltd. 200 0.79156% May 28,
2018
May 31,
2028
Sumitomo Mitsui Trust Bank, Limited 1,200 Base interest rate (JBA 3-month Japanese Yen TIBOR) + 0.35%
(Note 1)
September 30,
2015
September 30,
2024
Unsecured/
non-guaranteed
Variable interest rate
MUFG Bank, Ltd. * 1,000 Base interest rate (JBA 3-month Japanese Yen TIBOR) + 0.35%
(Note 2)
January 21,
2016
January 31,
2025
Total 57,400   - - - -
             
Grand Total 63,900   - - - -
  
* In accordance with the "functional realignment" of Mitsubishi UFJ Financial Group, Inc. as of April 16, 2018,
  the former lender Mitsubishi UFJ Trust and Banking Corporation is now MUFG Bank, Ltd.
"Long-term" in the category column refers to borrowings in which the period from the date of
   drawdown and the repayment date exceeds one year.
Funds are used for the purchase of the trust beneficiary interests or actual real estate property, as
   well as related expenses and funds for refinancing.
(Note 1) The base interest rate that will be adopted for the interest paid on the interest payment date
       shall be the JBA 3-month Japanese Yen TIBOR of the day two business days before the interest 
             payment date directly preceding the relevant interest payment date (or the execution date of loan
             if it is the first interest payment date).  Interest payment dates are at the end of March, June, 
             September and December of every year with the first payment date being December 30, 2015.
(Note 2) The base interest rate that will be adopted for the interest paid on the interest payment date
       shall be the JBA 3-month Japanese Yen TIBOR of the day two business days before the interest 
             payment date directly preceding the relevant interest payment date (or the execution date of loan
             if it is the first interest payment date).  Interest payment dates are at the end of January, April, 
             July and October of every year with the first payment date being April 28, 2016.