Host Hotels & Resorts refinances $2.5 billion credit facility with Bank of America-led lenders
HST•Host Hotels & Resorts’ operating partnership refinanced its $2.5 billion senior unsecured credit facility on October 21, 2026. The facility includes a $1.5 billion revolver and two $500 million term facilities, and permits up to $1.25 billion in additional commitments, subject to conditions.
1. Facility terms
Host Hotels & Resorts’ operating partnership refinanced its $2.5 billion senior unsecured credit facility on October 21, 2026, with Bank of America as administrative agent. The $1.5 billion revolver matures January 15, 2031, with extension options totaling up to one year, subject to conditions. The $500 million Term A-1 Facility also matures January 15, 2031, while the $500 million Term A-2 Facility matures January 15, 2032.
2. Borrowing terms
SOFR borrowing margins range from 65 to 135 basis points for the revolver and from 70 to 155 basis points for the new term facilities, before adjustments. The agreement permits up to $1.25 billion in additional commitments, subject to lender commitments and other conditions.
