BRIEF-Choice Hotels International Pricing Of Senior Notes In An Aggregate Principal Amount Of $600 Mln

Reuters06-26

June 25 (Reuters) - Choice Hotels International Inc

:

* CHOICE HOTELS ANNOUNCES PRICING OF SENIOR NOTES OFFERING

* CHOICE HOTELS INTERNATIONAL- PRICING OF SENIOR NOTES IN AN AGGREGATE PRINCIPAL AMOUNT OF $600.0 MILLION, IN AN UNDERWRITTEN, REGISTERED PUBLIC OFFERING

* CHOICE HOTELS INTERNATIONAL INC -NOTES WILL MATURE ON AUGUST 1, 2034, WILL BEAR INTEREST AT A RATE OF 5.850%

* CHOICE HOTELS INTERNATIONAL INC -COMPANY INTENDS TO USE NET PROCEEDS FROM OFFERING TO REPAY ITS $500.0 MILLION UNSECURED TERM LOAN

Source text for Eikon: Further company coverage:

((reuters.briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment