Reuters logo
in 6 months
BRIEF-Condor Hospitality Trust announces $90 mln secured credit facility commitment
February 8, 2017 / 2:14 PM / in 6 months

BRIEF-Condor Hospitality Trust announces $90 mln secured credit facility commitment

1 Min Read

Feb 8 (Reuters) - Condor Hospitality Trust Inc

* Condor Hospitality Trust announces $90 million senior secured credit facility commitment

* Condor hospitality trust - commitment letter provides for a revolving credit facility with an initial size of $90 million

* Condor hospitality trust - commitment letter includes an accordion feature that would allow company to increase size of facility to $400 million

* Condor hospitality trust inc - facility matures in two years and has an automatic one-year extension upon completion of specific capital achievements Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below