Summit Hotel Properties (NYSE:INN) refinanced and upsized a $650M senior unsecured facility—$400M revolver, $200M term loan and $50M delayed draw—while preparing Q2 2026 results for Aug. 5 and a conference call Aug. 6; the 94-property, 14,226-room portfolio spans 24 states.
Previous Week Recap
- Summit Refinances Upsized Credit Facility: Summit Hotel Properties refinanced and upsized a $650M senior unsecured credit facility: $400M revolver, $200M term loan, $50M delayed draw. Revolver matures June 29, 2030; term loan June 29, 2031.
- Summit Q2 2026 Results Date: Summit Hotel Properties (INN) will release Q2 2026 results Aug 5 after market; conference call Aug 6 at 9:00 AM ET (pre-registration). Portfolio: 94 assets, 14,226 rooms across 24 states.
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