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Winston Hotels amends loan, pushing out maturity to March
By Sara Rosenberg
New York, Jan. 4 - Winston Hotels Inc. amended its $125 million variable-rate line of credit, extending the maturity to March 31, 2005 from Dec. 31, 2004, according to an 8-K filed with the Securities and Exchange Commission Tuesday.
The amendment became effective on Dec. 31. Wachovia Bank is the agent bank on the deal.
Winston is a Raleigh, N.C., owner of hotel properties.
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