Eagle Hospitality considers bank loan, mortgage loans as new credit sources

By Sara Rosenberg

New York, Nov. 15 - Eagle Hospitality Properties Trust Inc. is evaluating either getting a new bank line or getting mortgage loans to use as additional sources of credit, according to a 10-Q filed with the Securities and Exchange Commission Monday.

If the company opts to acquire a bank loan, security would be unencumbered hotels.

Eagle Hospitality is a Covington, Ky.-based full-service and all-suites hotel owner.

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