BRAEMAR HOTELS & RESORTS ADDRESSES FINAL 2025 DEBT MATURITY WITH REFINANCING OF FIVE HOTELS AND REDUCES INTEREST COSTS
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Braemar Hotels & Resorts Inc. has refinanced five hotels with a $363 million loan, extending debt maturity to 2030 and reducing interest costs.
March 10, 2025 | 12:15 pm
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POSITIVE IMPACT
Braemar Hotels & Resorts has successfully refinanced five hotels with a $363 million loan, extending the debt maturity to 2030 and reducing interest costs.
The refinancing allows Braemar to manage its debt more effectively by extending the maturity to 2030 and reducing interest costs, which is likely to improve its financial stability and investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100