trending Market Intelligence /marketintelligence/en/news-insights/trending/XqHAXtxZ9BGDkzynoZR7Fw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Summit Hotel Properties JV obtains $200M credit facility

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Summit Hotel Properties JV obtains $200M credit facility

A Summit Hotel Properties Inc. joint venture landed a $200 million credit facility, comprising a $125 million revolver and a $75 million term loan due Oct. 8, 2023.

The facilities can be extended for a single consecutive 12-month period at the company's option, subject to certain conditions. The credit facility has an accordion feature that allows for the total commitments to be increased to up to $500 million.

Bank of America NA is administrative agent and sole initial lender, while BofA Securities Inc. is the sole lead arranger and sole book runner.