Hines Global Income Trust increases credit facility by $103.7M to $1.129B

HINES GLOBAL INCOME TRUST, INC.

Third term loan of $103.7M added; total facility capacity rises from $1.025B to $1.129B.
New term loan matures December 20, 2024; two one-year extension options available.
Total outstanding under credit facility stands at $953.7 million as of May 17, 2024.
Amendment involves JPMorgan Chase as agent; lenders include Bank of America, Wells Fargo, Regions, Truist, U.S. Bank, Amegy.
Borrower is HGIT Properties, L.P., a majority-owned subsidiary of Hines Global Income Trust.

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