Ashford Hospitality Trust Inc

NYSE:AHT   3:59:55 PM EDT
3.20
+0.44 (+15.94%)
4:42:31 PM EDT: $3.16 -0.04 (-1.25%)
Debt Financing / Related, Bankruptcy / Related

Ashford Hospitality Trust Inc - Has Been Engaged In A Process Regarding A Potential Financing

Published: 12/21/2020 11:36 GMT
Ashford Hospitality Trust Inc (AHT) - Ashford Hospitality Trust Inc - Has Been Engaged in a Process Regarding a Potential Financing.
Ashford Hospitality Trust - Anticipates Any Financing Entered Into May Provide for Initial Loan of About $200 Million Or More.
Ashford Hospitality Trust - If Co is Unable to Raise Additional Capital to Fund Business, May Need to Seek Bankruptcy Court Protection.
Ashford Hospitality Trust - If Co is Unable to Consummate a Financing Deal, It Estimates Existing Capital Resources to Fund Operations Into Early FY2021.
Ashford Hospitality Trust - If Co is Unable to Consummate a Financing Deal, It Would Need to Seek Potential Bridge Loan Or Asset Sales.