Pursuit Attractions and Hospitality Inc. Upsizes Credit Facility to $300 Million and Extends Term with Support from Leading Banks

Reuters

10/02

<a href="https://laohu8.com/S/PRSU">Pursuit Attractions and Hospitality</a> Inc. Upsizes Credit Facility to $300 Million and Extends Term with Support from Leading Banks

DENVER, June 2025 - Pursuit Attractions and Hospitality Inc. (NYSE: PRSU) has announced an amendment to its 2025 Credit Facility, increasing the borrowing capacity on its revolving credit facility by $100 million to a total of $300 million. The term of the facility has also been extended by approximately nine months, now maturing on September 25, 2030. The amended agreement, led by Bank of America with participation from BMO, KeyBank National Association, and Truist Bank, also raises the maximum net leverage ratio to 3.0x and removes an additional 10 basis point credit spread on SOFR borrowings. The recently acquired Tabacón Thermal Resort & Spa has been added as a co-borrower. Pursuit President and CEO David Barry stated that the enhanced facility will support the company's "Refresh, Build, Buy" growth strategy and expand opportunities for organic and acquisition-driven growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pursuit Attractions and Hospitality Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251001321377) on October 01, 2025, and is solely responsible for the information contained therein.

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Upsizes Credit Facility to $300 Million and Extends Term with Support from Leading Banks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-02 04:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PRSU\">Pursuit Attractions and Hospitality</a> Inc. Upsizes Credit Facility to $300 Million and Extends Term with Support from Leading Banks\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        DENVER, June 2025 - Pursuit Attractions and Hospitality Inc. (NYSE: PRSU) has announced an amendment to its 2025 Credit Facility, increasing the borrowing capacity on its revolving credit facility by $100 million to a total of $300 million. The term of the facility has also been extended by approximately nine months, now maturing on September 25, 2030. The amended agreement, led by Bank of America with participation from BMO, KeyBank National Association, and Truist Bank, also raises the maximum net leverage ratio to 3.0x and removes an additional 10 basis point credit spread on SOFR borrowings. The recently acquired Tabacón Thermal Resort &amp; Spa has been added as a co-borrower. Pursuit President and CEO David Barry stated that the enhanced facility will support the company's \"Refresh, Build, Buy\" growth strategy and expand opportunities for organic and acquisition-driven growth.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pursuit Attractions and Hospitality Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251001321377) on October 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1035773651.USD","symbol_name":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251001:nNDLbSh9YD:1","article_id":"2572557895","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572557895","pubTimestamp":1759349415,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Pursuit Attractions and Hospitality Inc. 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Upsizes Credit Facility to $300 Million and Extends Term with Support from Leading Banks\n    \n\n        DENVER, June 2025 - Pursuit Attractions and Hospitality Inc. (NYSE: PRSU) has announced an amendment to its 2025 Credit Facility, increasing the borrowing capacity on its revolving credit facility by $100 million to a total of $300 million. The term of the facility has also been extended by approximately nine months, now maturing on September 25, 2030. The amended agreement, led by Bank of America with participation from BMO, KeyBank National Association, and Truist Bank, also raises the maximum net leverage ratio to 3.0x and removes an additional 10 basis point credit spread on SOFR borrowings. The recently acquired Tabacón Thermal Resort & Spa has been added as a co-borrower. 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