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Fitch rates Ryman Hospitality loans BB+
Fitch Ratings said it assigned expected BB+/RR1 ratings to RHP Hotel Properties, LP’s new credit facility. The facility will consist of a $700 million revolving credit facility and a $375 million term loan.
The agency also affirmed the BB+/RR1 ratings on RHP’s outstanding loans and the issuer default rating for it and Ryman Hospitality Properties, Inc. at BB-.
Fitch concurrently affirmed RHP’s senior unsecured debt at BB-/RR4 and Aurora Convention Center Hotel LLC’s IDR at BB- and its senior secured debt at BB+/RR1.
The outlook is stable.
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