Hotel Chain Acquires New Properties via Cost-Effective and Flexible Financing

Hotel Chain Acquires New Properties via Cost-Effective and Flexible Financing  Client Situation A public company in the hotel industry, with annual revenues of about $400 million, needed additional capital to grow its business. The capital was needed largely to finance the acquisition of additional hotel properties. The company also had a revolving credit agreement that was maturing and needed to be paid off. In making its decision on the [...]