HPI hotel property investments
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News: HPI Hotel Property Investments announces it has priced long-term debt finance of A$230 mln

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    23/06/17
    17:45
    Post #: 25460541

    June 23 (Reuters) - Hotel Property Investments Ltd (HPI) 

    :  
	* HPI prices a$230 million in uspp notes
    • Announces that it has priced long-term debt finance of a$230m via us private placement market
    • Diversifying HPI's debt funding reduces existing bank debt to about 19 percent of total debt
    • Upon settlement, co will use proceeds to reduce its existing bank debt
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