Ashford Hospitality Trust Announces Closing Of Corporate Financing

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…

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