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Bank of America files motion to dismiss Chapter 11 cases of EH-Reit, certain entities

SINGAPORE (THE BUSINESS TIMES) - Bank of America (BOA) has filed a motion to dismiss the Chapter 11 cases of Eagle Hospitality Real Estate Investment Trust (EH-Reit) and Eagle Hospitality Trust (EHT) Singapore entities Eagle Hospitality Trust S1 and Eagle Hospitality Trust S2. BOA is the administrative agent of EH-Reit s US$341 million (S$454 million) prepetition syndicated credit agreement, the trustee of EHT said on Tuesday (March 1) in a bourse filing. BOA s move comes as the US bankruptcy court approves a US$100 million debtor-in-possession (DIP) term loan facility with Monarch Alternative Capital. The court approval allows entities of EHT which have filed for Chapter 11 bankruptcy in the US, including EH-Reit, to borrow up to US$100 million for use under an approved budget. This amount can be increased up to US$125 million under certain conditions.

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EHT announces Chapter 11 filing; to start marketing process to sell some hotels

EHT announces Chapter 11 filing; to start marketing process to sell some hotels
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

United statesEagle hospitality businessEagle hospitality trustMonetary authority of singaporeEagle hospitality real estate investment trustUs bankruptcy courtBusiness timesMonarch alternativeQueen mary long beachMonetary authorityEagle hospitality reitஒன்றுபட்டது மாநிலங்களில்கழுகு விருந்தோம்பல் வணிககழுகு விருந்தோம்பல் நம்பிக்கைபண அதிகாரம் ஆஃப் சிங்கப்பூர்கழுகு விருந்தோம்பல் ரியல் எஸ்டேட் முதலீடு நம்பிக்கை

Proposed change of Eagle Hospitality Trust manager falls through

Proposed change of Eagle Hospitality Trust manager falls through
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

Eagle hospitality business trustMonetary authority of singapore on novEagle hospitality trustReit managementEagle hospitality reitEagle hospitality reit managementMonetary authorityகழுகு விருந்தோம்பல் வணிக நம்பிக்கைபண அதிகாரம் ஆஃப் சிங்கப்பூர் ஆன் புதியகழுகு விருந்தோம்பல் நம்பிக்கைரேட் மேலாண்மைகழுகு விருந்தோம்பல் ரேட்கழுகு விருந்தோம்பல் ரேட் மேலாண்மைபண அதிகாரம்

Proposed change of Eagle Hospitality Trust manager falls through at EGM

The Straits Times Uma Devi https://str.sg/JRzp They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go! Spin the wheel for ST Read and Win now. Let s go! SINGAPORE (THE BUSINESS TIMES) - The proposed change of a manager for beleaguered Eagle Hospitality Trust (EHT) fell through on Wednesday after unitholders voted against one of the four inter-conditional resolutions tabled at an extraordinary general meeting (EGM).

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Corporate digest

Corporate digest
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

Hospitality trustMonetary authority of singaporeEagle hospitalityEagle hospitality reitMonetary authorityEagle hospitality reit managementவிருந்தோம்பல் நம்பிக்கைபண அதிகாரம் ஆஃப் சிங்கப்பூர்கழுகு விருந்தோம்பல்கழுகு விருந்தோம்பல் ரேட்பண அதிகாரம்கழுகு விருந்தோம்பல் ரேட் மேலாண்மை