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Ryman Hospitality to retire term loan A, repay some revolver debt
By Susanna Moon
Chicago, April 8 – Ryman Hospitality Properties, Inc. said it plans to retire its term loan A and to repay some of the debt outstanding under its revolving credit facility with proceeds of a new debt issue.
The company’s $400 million term loan B will remain outstanding, according to a company press release.
Ryman began a roadshow on the East Coast of the United States on Wednesday for a $400 million offering of eight-year senior notes.
The Nashville, Tenn.-based real estate investment trust specializes in group-oriented, destination hotel assets in urban and resort markets.
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