American Hotel Income Properties REIT LP Announces Extension of Its Revolving Credit Facility and Term Loans and Update on Property Dispositions

VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB. V), today announced the extension of the maturity date for its revolving credit facility (the “RCF”) and certain term loans to June 2025 in accordance with the terms of the agreement governing such credit facilities (the “Sixth Amendment”) and provided an update on previously announced property dispositions.

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