NexPoint Residential Trust increases corporate credit facility by $70M to $350M, with potential to $500M

NexPoint Residential Trust, Inc.

Loan modification raises borrowing capacity from $280M to $350M, with potential further increase to $500M.
Modification adopts Term SOFR as benchmark with a 0.10% adjustment for one-, three-, and six-month tenors.
Truist Bank remains administrative agent; lenders include those party to the amended credit agreement.
Incremental commitments subject to conditions: no default, minimum $50M per increase after March 25, 2022.

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