Cahill Represents Underwriters in Choice Hotels’ $600 Million Notes Offering
Date: 07/02/24
Cahill represented the underwriters in connection with a public offering of $600 million aggregate principal amount of 5.850% senior notes due 2034 by Choice Hotels International, Inc.
Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes.
Choice Hotels is one of the largest lodging franchisors in the world, maintaining a diverse portfolio of 22 brands that range from full-service upper upscale properties to midscale, extended stay, and economy properties.