Xenia Hotels to repay borrowings under certain credit facilities

By Taylor Fox

New York, Oct. 14 – Xenia Hotels & Resorts, Inc. plans to repay borrowings under certain of its credit facilities using proceeds from its proposed $150 million 6.375% senior note offering, according to a press release.

Any remaining proceeds will be used for general corporate purposes.

Xenia Hotels & Resorts is an Orlando, Fla.-based real estate investment trust that invests in hotels.

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