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6 个月前
BRIEF-Condor Hospitality says entered into credit agreement with Keybank National Association
2017年3月7日 / 下午4点27分 / 6 个月前

BRIEF-Condor Hospitality says entered into credit agreement with Keybank National Association

March 7 (Reuters) - Condor Hospitality Trust Inc

* On March 1 Condor Hospitality Limited Partnership entered into a credit agreement with Keybank National Association

* Credit agreement provides for a $90 million senior secured revolving credit facility - SEC filing

* Credit agreement includes an accordion feature that allows facility to be increased to $400 million

* At closing, chlp borrowed $34.25 million under facility, of which $32.7 million used in connection with repayment, termination of facilities

* Condor Hospitality Trust Inc says facility has a scheduled maturity date of march 1, 2019

* Facility has two additional one-year extension options, subject to certain conditions

* Facility requires monthly interest payments and principal is due on maturity date Source text for Eikon: Further company coverage:

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