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Chatham Lodging gets waiver for key covenants in credit facility amendments

Dec. 17, 2020 7:33 AM ETChatham Lodging Trust (CLDT) StockBy: Liz Kiesche, SA News Editor6 Comments
  • Chatham Lodging Trust (NYSE:CLDT) new amendments to its $250M revolving credit facility include a waiver of key financial covenants through Dec. 31, 2021 with testing of covenants as of March 31, 2022.
  • The amendments allow for full utilization of the entire $250M credit

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