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Home News Releases Strategic Hotels & Resorts Announces New $750 Million Unsecured Credit Facility and $115 Million Seven-Year Term Loan
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Strategic Hotels & Resorts Announces New $750 Million Unsecured Credit Facility and $115 Million Seven-Year Term Loan

May 29, 20152 Mins read196
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CHICAGO, - Strategic Hotels & Resorts, Inc. (NYSE: BEE) today announced that it has closed a new $750.0 million unsecured credit facility with an accordion feature allowing for additional borrowing capacity up to $1.0 billion. The new facility is comprised of a $450.0 million unsecured revolving credit facility and a $300.0 million unsecured term loan. […]

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