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Home » Wyndham Completes Refinancing
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Wyndham Completes Refinancing

By Hotel BusinessMay 11, 20051 Min Read
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DALLAS— Wyndham International, Inc. has completed the refinancing of its corporate credit facilities and the majority of its outstanding mortgage debt. The company entered into a $1.65 billion refinancing, extending its corporate debt maturities to 2011. This represents approximately 90% of Wyndhams outstanding debt. Additionally, the debt pre-funds $100 million in capital to be invested into the companys owned and leased properties. JP Morgan and Bear Stearns were joint book runners on the financings. Wyndham was assisted by JF Capital Advisors.

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