Choice Hotels Announces Pricing Of Senior Notes Offering
Choice Hotels(CHH) Prnewswire·2024-06-26 05:42
NORTH BETHESDA, Md., June 25, 2024 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) (the "Company") today announced the pricing of senior notes in an aggregate principal amount of $600.0 million, in an underwritten, registered public offering.The notes will mature on August 1, 2034, will bear interest at a rate of 5.850%, and will be issued at 98.929% of par value. The notes will be unsecured, unsubordinated obligations of the Company.The Company intends to use the net proceeds from the offerin ...