DiamondRock Hospitality Secures $1.5 Billion Refinancing, Extends Credit Facility Maturities

Reuters

07-23

DiamondRock Hospitality Secures $1.5 Billion Refinancing, Extends Credit Facility Maturities

BETHESDA, Md., July 23, 2025 - DiamondRock Hospitality Company $(DRH)$ has announced the successful refinancing and upsizing of its senior unsecured credit facility to $1.5 billion, enhancing its financial flexibility. The amended facility, which extends the company's maturity schedule, includes a $400 million revolving credit facility maturing in January 2031 and three term loans totaling $1.1 billion, with various maturities extending to January 2030. The refinancing allows DiamondRock to repay three mortgage loans maturing in 2025, leaving the company with no debt maturities until 2028 and a fully unencumbered portfolio. Executive Vice President and CFO Briony Quinn highlighted the increased financial flexibility and positioning for future capital opportunities.

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. DiamondRock Hospitality Company published the original content used to generate this news brief via PR Newswire (Ref. ID: PH35492) on July 23, 2025, and is solely responsible for the information contained therein.

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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. DiamondRock Hospitality Company published the original content used to generate this news brief via PR Newswire (Ref. ID: PH35492) on July 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4181","symbol_name":"酒店及度假村房地產投資信託","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250723:nNDL2mSqLW:1","article_id":"2553645217","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553645217","pubTimestamp":1753270261,"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":"BETHESDA, Md., July 23, 2025 - DiamondRock Hospitality Company  has announced the successful refinancing and upsizing of its senior unsecured credit facility to $1.5 billion, enhancing its financial flexibility. 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