Summit Hotel Properties, Inc. INN today announced improvements made to the Company's debt structure.
Summit Hotel OP, LP, the Company's operating partnership, has entered into an amendment to its $125 million senior secured revolving credit facility. The amendment provides for a reduction in the Company's borrowing costs and fees as well as additional flexibility in usage of the credit facility.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in