Xenia Hotels & Resorts Announces Proposed Offering of Senior Notes

Core Viewpoint - Xenia Hotels & Resorts, Inc. plans to offer $365 million in senior notes due 2030 to refinance existing debt and cover related expenses [1] Group 1: Company Overview - Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT focused on luxury and upper upscale hotels and resorts in the top 25 lodging markets and key leisure destinations in the U.S. [4] - The company owns 31 hotels and resorts, totaling 9,408 rooms across 14 states, primarily operated by leading brands such as Marriott, Hyatt, and Hilton [4] Group 2: Financial Details - The proceeds from the senior notes offering will be used to redeem the outstanding 6.375% senior notes due 2025 and to pay associated fees and expenses [1] - The offering is subject to market conditions and will be fully guaranteed by the company and certain subsidiaries [1] Group 3: Regulatory Information - The senior notes and related guarantees will not be registered under the Securities Act and will be offered only to qualified institutional buyers and certain non-U.S. persons [2]