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Published Fri, Dec 13, 2019 · 09:50 PM

ARA US Hospitality Trust

ARA US Hospitality Trust (ARA H-Trust) has taken out US$75 million in unsecured loans to partially finance its US$84.5 million acquisition of three Marriott-branded hotels in the US.

The facilities comprise a US$66 million term loan and a US$9 million revolving credit facility, the trust said in a regulatory filing on Friday, without disclosing the identities of the lenders.

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