10:31 AM EST, 11/12/2024 (MT Newswires) -- Xenia Hotels & Resorts ( XHR ) said Tuesday it plans to offer $365 million of senior notes due 2030 in a private placement, subject to market conditions.

Net proceeds from the offering, together with borrowings, will be used to redeem all of its 6.375% senior notes maturing in 2025, and pay associated expenses, the company said.

Price: 15.26, Change: -0.12, Percent Change: -0.78