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Xenia Hotels to repay borrowings under credit facilities via new notes
By Taylor Fox
New York, Aug. 10 – Xenia Hotels & Resorts, Inc.’s operating partnership XHR LP intends to repay borrowings under some of its credit facilities using proceeds from an offer of $300 million aggregate principal amount of senior secured notes due 2025, according to a news release.
Xenia Hotels & Resorts is an Orlando, Fla.-based REIT that invests in hotels.
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