Xenia Hotels & Resorts establishes new $200M ATM equity program

Xenia Hotels & Resorts, Inc.

New equity distribution agreement for up to $200M aggregate gross sales price of common stock.
Prior ATM program terminated; $200M remained unsold under prior agreement.
Proceeds to be used for general corporate purposes including debt repayment, working capital, acquisitions.
Sales may be made through multiple managers as agents or forward sellers; commissions up to 2%.
Company may also sell shares directly to managers as principal under separate terms.

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