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Stock impact report

Ryman Hospitality Credit Expansion Reframes Liquidity Risk And Growth Options [Yahoo! Finance]

Ryman Hospitality Properties, Inc. (REIT) (RHP) 
Last ryman hospitality properties, inc. (reit) earnings: 2/25 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.rymanhp.com/investor-overview
Company Research Source: Yahoo! Finance
Ryman Hospitality Properties expanded and extended its revolving credit facility, increasing available liquidity. The updated facility includes revised financial covenants and a new maturity profile. The refinancing is intended to support the company's ongoing investment and balance sheet objectives. For investors watching NYSE:RHP, this credit move is an important piece of the puzzle alongside the current share price of $94.7. Over the past 5 years, the stock has returned 51.4%, with a 16.7% return over 3 years, while the 1 year return of 4.1% and year to date return of 0.8% point to more muted recent performance. The refinancing gives added context to those numbers by clarifying how the company is managing its access to capital. As you think about Ryman Hospitality Properties, this larger and longer revolving credit facility may influence how the company times projects, capital spending, and potential portfolio moves. The updated covenants and extended maturity can also mat Show less Read more
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