DiamondRock Hospitality Company
DRH announced today that it successfully amended and
restated its $200 million senior unsecured credit facility. The amended
facility pricing grid has been significantly reduced and the facility now
matures in January 2018, inclusive of a one-year extension option, which is
subject to certain customary conditions. The amended facility also includes an
accordion feature to expand up to $400 million, subject to lender consent.
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