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    8951   JP3027670003

NIPPON BUILDING FUND INCORPORATION

(8951)
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Nippon Building Fund Incorporation : Notice Concerning Debt Financing

06/21/2021 | 03:33am EDT

June 21, 2021

To All Concerned Parties

Name of REIT Issuer:

Nippon Building Fund, Inc.

Koichi Nishiyama, Executive Director

(TSE Code : 8951)

Contact:

Asset Management Company

Nippon Building Fund Management, Ltd.

Yoshiyuki Tanabe, President and CEO

Person to Contact:

Yukio Handa, General Manager

(TEL. +81-3-3516-3370)

Notice Concerning Debt Financing

Nippon Building Fund, Inc. ("NBF") hereby provides notice that the following was decided as of June 21,

2021 concerning long-term borrowings:

Description

1. Long-term Borrowings

Amount

Interest

Expected Date of

Methods of Borrowing,

Repayment Due

Lender

Repayment, Security and

Borrowed

Rate

Implementation

Date

Guarantee etc.

MUFG Bank, Ltd.

¥2 billion

0.335%

Unsecured,

January 31, 2029

¥3 billion

0.400%

June 28, 2030

June 30, 2021

unguaranteed, repayable

in one lump sum on

Sumitomo Mitsui

¥1 billion

0.350%

repayment due date

June 29, 2029

Banking Corporation

2. Amount, Use and Expected Date of Expenditure of Proceeds

  1. Amount to be borrowed Total ¥6 billion
  2. Specific use of proceeds Refinancing of long-term borrowings
  3. Expected date of expenditure June, 2021

- 1 -

3. Status of Borrowings etc. following the financing

(Unit: million yen)

Before

After

Increase /

Financing

Financing

Decrease

Short-term borrowings

0

0

0

Long-term borrowings

27,000

27,000

0

(Floating interest rate)

Long-term borrowings

466,500

466,500

0

(Fixed interest rate)

Bonds

57,000

57,000

0

Total

550,500

550,500

0

4. Other Matters Required for Investors to Appropriately Understand and Evaluate the Above Information

There is no change to the content of "Investment Risks" of the Securities Report submitted on March 30, 2021 with respect to the risks involved in repayment etc. of the current debt financing.

End

This English language notice is a translation of the Japanese language notice dated June 21, 2021 and was prepared solely for the convenience of, and reference by, overseas investors. Neither NBF nor Nippon Building Fund Management, Ltd. makes any warranties as to its accuracy or completeness.

- 2 -

Disclaimer

Nippon Building Fund Inc. published this content on 21 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2021 07:32:00 UTC.


© Publicnow 2021
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Financials
Sales 2022 95 425 M 841 M 841 M
Net income 2022 39 966 M 352 M 352 M
Net Debt 2022 447 B 3 941 M 3 941 M
P/E ratio 2022 29,0x
Yield 2022 3,18%
Capitalization 1 223 B 10 754 M 10 773 M
EV / Sales 2022 17,5x
EV / Sales 2023 18,3x
Nbr of Employees -
Free-Float 84,3%
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Technical analysis trends NIPPON BUILDING FUND INCORPORATION
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TrendsBullishNeutralBullish
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Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 740 000,00 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Koichi Nishiyama Executive Officer
Motohiko Sato Supervisory Officer
Masaki Okada Supervisory Officer
Keiko Hayashi Supervisory Officer
Sector and Competitors