Ryman Hospitality refinancing includes extension of revolver

By Wendy Van Sickle

Columbus, Ohio, May 18 – Ryman Hospitality Properties Inc.’s recent refinancing transactions included an extension of its $700 million revolving credit facility, according to a news release Thursday.

Also the mortgage collateral requirements were eliminated from the credit facility.

As previously reported, Ryman also upsized its seven-year covenant-lite term loan B to $500 million from $375 million.

Ryman is a Nashville-based real estate investment trust that owns and operates a portfolio of large, group-oriented hotels in urban and resort markets.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.