$16B In Hotel REIT Debt Coming Due By 2018, Report Says

Law360, New York (June 13, 2013, 9:37 PM EDT) -- Less than $190 million in debt will come due for U.S. hotel real estate investment trusts this year, but the real deadline is looming in 2018, when more than half of the total debt currently outstanding in the industry — more than $16 billion — is set to mature, according to research firm SNL Financial LC.

The debt maturing this year represents only 1.1 percent of that held by the sector, but it kicks off a slew of due dates over the next three years that...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.