BETHESDA, MD— Hotel owner Host Marriott Corp. has obtained a new bank credit line of up to $400 million, reported Reuters. The new facility is being provided by a syndicate of banks led by Deutsche Bank Trust Co. Americas and Bank of America NA. The facility has an initial maturity of June 2005, with an option to extend for an additional year if conditions are met. It will bear interest at a floating rate, the report said. Source: Reuters
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