Braemar hotels & resorts announces pricing of $75 million convertible senior notes offering

Dallas, may 14, 2021 /prnewswire/ -- braemar hotels & resorts inc. (nyse: bhr) (the "company" or "braemar") announced today the pricing of its private placement of $75 million aggregate principal amount of its 4.5% convertible senior notes due 2026 (the "notes"). braemar has granted the initial purchaser of the notes a 13-day option to purchase up to an additional $11.25 million aggregate principal amount of the notes.
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