Menu

Xenia Hotels & Resorts Proposes $365M Senior Notes Offering, Plans Full Redemption Of 2025 Debt

Benzinga Newsdesk 1 year ago

News

The Issuer intends to use the net proceeds of the offering, together with borrowings under the Company's amended and restated credit agreement, dated November 4, 2024 (the "Credit Agreement"), to redeem in full its

The Issuer intends to use the net proceeds of the offering, together with borrowings under the Company's amended and restated credit agreement, dated November 4, 2024 (the "Credit Agreement"), to redeem in full its outstanding 6.375% senior notes due 2025 and to pay certain fees and expenses in connection with, or otherwise related to, the offering of the Notes and the use of proceeds therefrom and from the Credit Agreement

Read the original