WYNDHAM HOTELS & RESORTS ANNOUNCES SUCCESSFUL COMPLETION OF REFINANCING TRANSACTION
Provided By PR Newswire
Last update: May 25, 2023
PARSIPPANY, N.J., May 25, 2023 /PRNewswire/ -- Wyndham Hotels & Resorts, Inc. (NYSE: WH) (the "Company") today announced that it successfully completed the refinancing of its previously outstanding Senior Secured Term Loan B Facility due May 2025 (the "Term Loan B due 2025"). The Company closed on a new $1.1 billion Senior Secured Term Loan B Facility (the "New Term Loan B"), which will mature in May 2030. The net proceeds from the New Term Loan B were used to repay all outstanding principal under its Term Loan B due 2025.
Read more at prnewswire.com
