Brief: Innsuites Hospitality Trust, unit enters into a $5.0 million business loan agreement

InnSuites Hospitality Trust

06/07/2017 13:33

July 6 (Reuters) - Innsuites Hospitality Trust  IHT.A : 
    * Innsuites Hospitality Trust - on June 29, unit  entered 
into a $5.0 million business loan agreement  
    * Innsuites Hospitality Trust - Tucson loan has a maturity 
date of June 19, 2042 
    * Innsuites Hospitality Trust - loan has an initial interest 
rate of 4.69pct for first five years 
    * Innsuites Hospitality Trust-after initial interest rate 
tucson loan has variable rate equal to U.S. treasury + 2.0pct 
with floor of 4.69pct, no prepayment penalty 
 
Source text: (http://bit.ly/2sPPvBZ) 
Further company coverage:  IHT.A  
 
 ((Bangalore.newsroom@thomsonreuters.com;))