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Wells Fargo provides $1 billion secured financing to real estate investment trust

April 2013

Client(s) Wells Fargo Bank, National Association

Jones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $1 billion senior secured credit facility for a private real estate investment trust specializing in group-oriented, destination hotel assets in urban and resort markets. The facility consisted of a $700 million revolver and a $300 million term loan.

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