Wyndham Hotels & Resorts, Inc. (NYSE: WH) (the “Company”) today announced that it successfully completed the refinancing of its previously outstanding Senior Secured Term Loan B Facility due May 2025 (the “Term Loan B due 2025”). The Company closed on a new $1.1 billion Senior Secured Term Loan B Facility (the “New Term Loan B”), which will mature in May 2030. The net proceeds from the New Term Loan B were used to repay all outstanding principal under its Term Loan B due 2025.
Wyndham Hotels & Resorts, Inc. (NYSE: WH) (the “Company”) today announced that it successfully completed the refinancing of its previously outstanding Senior Secured Term Loan B Facility due May 2025 (the “Term Loan B due 2025”). The Company closed on a new $1.1 billion Senior Secured Term Loan B Facility (the “New Term Loan B”), which will mature in May 2030. The net proceeds from the New Term Loan B were used to repay all outstanding principal under its Term Loan B due 2025.
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