Reuters logo
BRIEF-Innsuites Hospitality Trust, unit enters into a $5.0 million business loan agreement
July 6, 2017 / 12:40 PM / 4 months ago

BRIEF-Innsuites Hospitality Trust, unit enters into a $5.0 million business loan agreement

July 6 (Reuters) - Innsuites Hospitality Trust:

* Innsuites Hospitality Trust - on June 29, unit entered into a $5.0 million business loan agreement

* Innsuites Hospitality Trust - Tucson loan has a maturity date of June 19, 2042

* Innsuites Hospitality Trust - loan has an initial interest rate of 4.69pct for first five years

* Innsuites Hospitality Trust-after initial interest rate tucson loan has variable rate equal to U.S. treasury + 2.0pct with floor of 4.69pct, no prepayment penalty Source text: (bit.ly/2sPPvBZ) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
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