Huazhu eyes $1bn from partial acquisition loan

Hotel Check In
By Pan Yue
07 Nov 2019

Chinese hotel company Huazhu Group has launched a roughly $1bn loan into general syndication, raising the money in part to help fund an acquisition of a German rival. But bankers are debating whether the borrower should be treated as a real estate company. Pan Yue reports.

Huazhu, which operates multiple hotel brands, will use some of the money to support its acquisition of Deutsche Hospitality, a German hotel firm that operates brands including Steigenberger Hotels & Resorts and Jaz in the City. The company announced on November 4 that it had acquired all shares ...

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