Extended Stay America prices senior loan

Extended Stay America (STAY) prices a $375M senior secured loan through subsidiary ESH Hospitality at LIBOR +4.25% to be offered at 99.5.

The proceeds of the loan are earmarked to refinance $365M of outstanding mezzanine debt.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs