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Minor Hotels Europe & Americas Announces 400 Million Euro Refinancing Plan

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Minor Hotels Europe & Americas Announces 400 Million Euro Refinancing Plan

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NH Hotel Group S.A ( (ES:NHH) ) has provided an announcement.

Minor Hotels Europe & Americas, S.A. has announced a refinancing plan involving a new syndicated financing agreement worth 400 million euros. This agreement includes a long-term loan and a revolving credit facility, aimed at repaying existing debt and financing corporate needs, with the refinancing expected to close by July 2025.

The most recent analyst rating on (ES:NHH) stock is a Hold with a EUR4.40 price target. To see the full list of analyst forecasts on NH Hotel Group S.A stock, see the ES:NHH Stock Forecast page.

More about NH Hotel Group S.A

YTD Price Performance: 0.48%

Average Trading Volume: 17,531

Technical Sentiment Signal: Buy

Current Market Cap: €2.76B

See more data about NHH stock on TipRanks’ Stock Analysis page.

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