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1.
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By Joel Ross, HotelNewsNow.com columnist
01 December 2010
Debt service coverage ratio to as a means to measure the risk of a loan and to size the loan proceeds used to be key. Now the mantra is debt yield.
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2.
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By Jason Q. Freed, News Editor-Americas
02 August 2012
The REIT expects to raise $400 million through a credit facility term loan and will use the proceeds to repay debt.
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3.
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HNN Newswire
16 March 2012
In this update of public hotel company news: Great Wolf is being acquired; DiamondRock closes on a hotel loan; and Host prices senior notes.
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4.
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HNN Newswire
20 November 2009
The proceeds pay off a US$75.0 million loan maturing in 2010 and a US$65.2 million loan maturing in 2011 that are secured by five properties, and provide US$4.0 million for capital improvements to be drawn over a 24-month period.
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5.
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By The Barometer editorial staff,
17 July 2012
Included in this list of active U.S. hotel lenders:
• Choice Hotels International will use proceeds from a $400-million loan to help pay a special $600-million dividend.
• Deutsche Bank Trust Company loaned The Trump Organization $106 million to help finance the purchase of the Doral Golf Resort & Spa.
• TowneBank extended the maturity date for the mortgage on the Crowne Plaza Hampton Marina Hotel in Hampton, Virginia.
• More.
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6.
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By Sheila Callahan, HotelNewsNow.com contributor
24 September 2008
Hoteliers must proceed carefully when pursuing a rebrand. Communication is key to executing successfully.
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7.
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HNN Newswire
14 April 2009
DiamondRock intends to use the net proceeds from the offering of 15.5 million shares for debt repayment and for general corporate purposes.
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8.
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HNN Newswire
19 October 2009
The company's operating partnership expects to utilize the proceeds from this offering for working capital and other general corporate purposes, which could include hotle acquisitions.
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9.
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HNN Newswire
25 June 2010
Whitbread releases fiscal-year performance, FelCor closes stock offering for US$167 million proceeds, and InnKeepers suspends payment on some second quarter dividends.
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10.
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HNN Newswire
08 November 2010
Union Properties PJSC will use proceeds from the sale to pay down debt and complete remaining projects at the company's MotorCity development.
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