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Golub Capital Provides $255MM One-Loan Debt Facility to Aimbridge Hospitality

June 26, 2017, 07:40 AM
Filed Under: Hotel & Resort

Golub Capital recently announced that as Administrative Agent, Joint Bookrunner and Joint Lead Arranger, it provided a GOLD facility to Aimbridge Hospitality, LLC (Aimbridge) to refinance existing debt and for other corporate purposes. Aimbridge is a portfolio company of Lee Equity Partners and General Atlantic. GOLD financings are Golub Capital One-Loan Debt facilities.

Aimbridge is the largest and most dynamic independent management company in North America and the Caribbean with an award winning portfolio of approximately 700 hotels and resorts with approximately 85,000 guestrooms. Aimbridge is one of the largest franchise operators under the Marriott, Hilton and Hyatt brand families.

"We are very excited about the continued partnership we have both with the team from Lee Equity Partners and General Atlantic, as well as the senior management at Aimbridge," said Greg Cashman, Senior Managing Director at Golub Capital. "Aimbridge is a recognized leader in the independent hotel management industry, and we are proud to support the Company and its future growth initiatives."

"Golub has been a consistent and reliable growth partner throughout our investment in Aimbridge," said Yoo Jin Kim, Partner at Lee Equity. "We have been impressed with Golub Capital's flexible and scalable solutions in support of the Company's acquisition strategy, and we look forward to continuing to work together."

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