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Starwood amends loan, extending incremental capacity for one year
By Sara Rosenberg
New York, July 6 - Starwood Hotels & Resorts Worldwide, Inc. amended its credit facility, extending the commitment for $300 million in additional capacity for up to one year, according to an 8-K filed with the Securities and Exchange Commission Thursday.
The amendment was completed on June 29.
Deutsche Bank is the administrative agent on the deal.
Starwood is a White Plains, N.Y.-based hotel and leisure company.
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