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Host Hotels & Resorts announces extension of $1.5 bln credit facility to 2019


Tuesday, 1 Jul 2014 08:00am EDT 

Host Hotels & Resorts Inc:Extends its existing $1 bln revolver scheduled to mature in 2015 and its $500 mln term loan scheduled to mature in 2017.Amended facility will extend the final maturity for both the revolver and term loan to 2019 (including extensions) and reduce pricing to reflect current market conditions.Facility was arranged by Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities, LLC and Wells Fargo Securities LLC, as joint lead arrangers and joint book runners. 

Company Quote

22.76
0.1 +0.44%
20 Aug 2014