trending Market Intelligence /marketintelligence/en/news-insights/trending/jeoHy-_uXrIm5dKasbe9tg2 content esgSubNav
In This List

SoTHERLY unit redeems notes due 2018

Blog

Global M&A by the Numbers: Q2 2022

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Infographic 2022 Top Tech Trends Shaping Corporations

Blog

Middle East & Africa M&A by the Numbers: Q1 2022


SoTHERLY unit redeems notes due 2018

Sotherly Hotels Inc.'s Sotherly Hotels LP fully redeemed its outstanding 8.00% senior unsecured notes due 2018, which had an aggregate principal amount of $27.6 million.

The company said earlier that the operating partnership will redeem the notes using part of the net proceeds from its recently completed preferred stock offering.