Braemar hotels & resorts announces new $200 million corporate financing

Dallas , aug. 1, 2023 /prnewswire/ -- braemar hotels & resorts inc. (nyse: bhr) ("braemar" or the "company") today announced that it has entered into a new $200 million corporate financing. the financing has an initial three-year term and includes a senior secured term loan facility in an initial principal amount of $150 million and a senior secured revolving credit facility in an initial principal amount of $50 million.
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