debt
confidence high
sentiment positive
materiality 0.60
DiamondRock prepays $166.2M Westin Boston mortgage; all debt now unsecured
DiamondRock Hospitality Co
- Prepaid $166.2 million mortgage loan secured by the Westin Boston Seaport District.
- Following repayment, all company debt is fully unsecured and prepayable at any time.
- Investor presentation posted for September meetings but no specific financial outlook disclosed.