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Ashford Hospitality Trust Announces Closing Of Corporate Financing News provided by Share this article Share this article DALLAS, Jan. 15, 2021 /PRNewswire/ Ashford Hospitality Trust, Inc. (NYSE: AHT) ( Ashford Trust or the Company ) today announced that the Company has closed on the previously announced strategic financing from funds managed by Oaktree Capital Management, L.P. ( Oaktree ).  The Company drew down $200 million on the financing at closing and has the option to draw down an additional $250 million, if needed.  The optional additional drawdown has increased $100 million from the previously announced terms. We re excited to announce the closing of this strategic financing with Oaktree and believe this partnership will be beneficial for the Company going forward, commented J. Robison Hays, Ashford Trust s President and Chief Executive Officer. With this important financing now closed and vaccine distribution ramping up, we look forward to getting our hotels

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