trending Market Intelligence /marketintelligence/en/news-insights/trending/5VN05rHM8aofGltxi6AoYg2 content esgSubNav
In This List

Extended Stay America unit prices upsized debt offering

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Extended Stay America unit prices upsized debt offering

Extended Stay America Inc.'s real estate investment trust unit priced its $750.0 million offering of 4.625% senior notes due 2027.

ESH Hospitality Inc. upsized its offering from $500.0 million. The offering is slated to close Sept. 18.

The unit will use the gross proceeds to repay $500.0 million of outstanding borrowings under its existing term loan, as well as to pay transaction-related fees and expenses, with the remaining funds going toward general corporate purposes.