I-Summit Hotel Properties, Inc. namuhla imemezele ukuthi ibize intengo yayo yomphakathi ebhalwe phansi ngamasheya ayi-9,000,000 esitoko sayo esivamile ngentengo yokunikela yomphakathi $16.50 isabelo ngasinye. Inkampani ilinganisela ukuthi imali iyonke etholakale ekunikelweni, ngemuva kokubhalwa phansi kwezaphulelo namakhomishini nezindleko zokunikela ezilinganiselwayo kuzoba cishe $ 142.4 million.

Inkampani inikeze ababhalisile ngaphansi ekunikezeni inketho yezinsuku ezingama-30 yokuthenga kuze kufike kwamanye amasheya ayi-1,350,000 esitokisini sayo sonke. Ngokuya ngemibandela yesiko lokuvala, umnikelo kulindeleke ukuthi uvalwe noma ucishe Kwangathi 15, 2017.

Inkampani ihlose ukufaka imali etholakalayo kusuka ekunikezelweni kweSummit Hotel OP, LP, ubambiswano lwayo lokusebenza, oluhlose ukusebenzisa imali etholwayo ngenhloso yezinkampani ezijwayelekile, kufaka phakathi ukukhokhwa kwemali ebolekiwe ngaphansi kwesikhungo sayo sezikweletu esingaphephile esiphezulu nokutholwa kwehhotela elengeziwe izakhiwo, ezingabandakanya iGceke lezindlu lezivakashi ezingama-261 nguMarriott iNkampani enenkontileka yokuyithenga $ 85.0 million kwikota yesibili yowezi-2017.

URaymond James, Ezokuphepha KweDeutsche Bank, iBofA Merrill Lynch, Izimakethe Zezimali zeRBC, kanye I-Baird basebenza njengezimenenja ezihlanganyelwe zokuphatha izincwadi kulo mnikelo. Abaphathi abaphezulu bokunikezwa yi-KeyBanc Capital Markets ne-PNC Capital Markets LLC. Izimakethe Zezimali zeBB & T kanye neCanaccord Genuity zisebenza njengabanye babaphathi.

Isitatimende sokubhaliswa esiphathelene nalezi ziphepho sifakwe kwiCommurities and Exchange Commission futhi samenyezelwa ukuthi siyasebenza. Lokhu kukhishwa kwabezindaba ngeke kube yisipho sokuthengisa noma ukunxenxa okuthengwayo, futhi ngeke kube khona ukuthengiswa, noma ukucelwa kokuthengwa kokuthenga, lezi zibambiso kunoma yisiphi isimo noma amandla lapho okunikezwa khona, ukucela noma ukuthengisa bekungekho emthethweni ngaphambi kokubhaliswa noma iziqu ngaphansi kwemithetho yezokuphepha yanoma isiphi leso sifundazwe noma igunya. Ukunikezwa kwenziwa kuphela ngokusebenzisa i-prospectus, kufaka phakathi i-preliminary prospectus supplement, eyingxenye yesitatimende sokubhaliswa kweshelufu esisebenzayo.

LOKHO ONGAKUTHATHE KULESI SIHLOKO:

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, or any solicitation of an offer to buy, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The Company intends to contribute the net proceeds from the offering to Summit Hotel OP, LP, its operating partnership, which intends to use the net proceeds for general corporate purposes, including repayment of borrowings under its senior unsecured revolving credit facility and acquisitions of additional hotel properties, which may include the 261-guestroom Courtyard by Marriott the Company has under contract to purchase for $85.
The Company has granted the underwriters in the offering a 30-day option to purchase up to an additional 1,350,000 shares of its common stock.