Brief: Ashford Hospitality Trust Announces Progress In Plan To Pay Off Strategic Financing With Agreement To Sell The Hilton Boston Back Bay
29/02/2024 13:07
Feb 29 (Reuters) - Ashford Hospitality Trust Inc
AHT.N :
* ASHFORD HOSPITALITY TRUST ANNOUNCES PROGRESS IN PLAN TO
PAY OFF
STRATEGIC FINANCING WITH AGREEMENT TO SELL THE HILTON BOSTON
BACK BAY
* ASHFORD HOSPITALITY TRUST INC - PROPOSED DEAL FOR $171
MILLION
* ASHFORD HOSPITALITY TRUST INC - EXPECTS NET PROCEEDS TO BE
APPROXIMATELY $70 MILLION AFTER REPAYMENT OF UNDERLYING MORTGAGE
DEBT AND CLOSING COSTS
Source text for Eikon: ID:nPn6lXYSa
Further company coverage: AHT.N
((Reuters.Briefs@thomsonreuters.com;))
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