Hines Global Income Trust obtains $300M term loan

Hines Global Income Trust Inc. disclosed Dec. 20 that it entered into an amended credit agreement that provides for a $300 million senior unsecured term loan A due December 2024. As a result, the size of the company's credit facility increased to $1.025 billion, from $725 million.

J.P. Morgan is administrative agent.

In August, the company obtained an amended and restated credit agreement that included a $300 million senior unsecured term loan A and a $425 million senior unsecured revolver.

Hines Global Income Trust operates a diversified portfolio of quality commercial real estate properties and other real estate investments.