Cases & Deals

  • Home
  • Practices
  • Wells Fargo provides $370 million syndicated loan secured by 30 limited-service hotels

Share

Wells Fargo provides $370 million syndicated loan secured by 30 limited-service hotels

July 2022

Client(s) Wells Fargo Bank, National Association and Wells Fargo Securities, LLC

Jones Day represented Wells Fargo Bank, National Association, as administrative agent, and Wells Fargo Securities, LLC, as left lead arranger and sole bookrunner, in connection with a $370 million syndicated senior loan secured by 30 limited-service hotels located across 17 states. An additional $50 million of mezzanine debt was arranged by a leading investment manager in connection with the transaction.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.