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Braemar Hotels & Resorts BHR

Braemar Hotels & Resorts refinances debt

Item 7.01 Investor disclosure

Form
8-K
Filed
Importance
Routine
  1. Subsidiary BHR Tahoe LP entered into a $60 million term loan with Western Alliance Bank
  2. Earnout facility of up to $15 million available
  3. Loan secured by first-priority mortgages on The Ritz-Carlton, Lake Tahoe
  4. Initial maturity date of October 30, 2029, with two one-year extensions

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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