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BRIEF-Condor Hospitality Trust announces $150 million senior secured credit facility commitment
April 24, 2017 / 1:19 PM / 3 months ago

BRIEF-Condor Hospitality Trust announces $150 million senior secured credit facility commitment

1 Min Read

April 24 (Reuters) - Condor Hospitality Trust Inc

* Condor Hospitality Trust announces $150 million senior secured credit facility commitment

* Revolving credit facility includes an accordion feature that would allow Co to increase size of facility to up to $400 million

* Facility matures in 2020 and has two one-year extension options following additional capital achievements

* Secured commitments from three lenders to increase its current $90 million senior secured revolving credit facility to $150 million Source text for Eikon: Further company coverage:

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