Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
Summit Hotel Properties, Inc. (the “Company”) (NYSE: INN) recently completed an offering of $287.5 million aggregate principal amount of 1.50% Convertible Senior Notes due 2026.
Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of January 12, 2021, the Company's portfolio consisted of 72 hotels, 67 of which were wholly owned, with a total of 11,288 guestrooms located in 23 states.
For additional information about this transaction, please contact: