DiamondRock Hospitality amends credit agreement, removing certain mandatory prepayment requirements
DiamondRock Hospitality and its subsidiaries signed a Second Amendment to its Sixth Amended and Restated Credit Agreement with Wells Fargo as administrative agent on March 27, 2025. The amendment, among other things, removes certain mandatory prepayment requirements, which gives the company more flexibility over how it repays borrowings under the facility.
Key points
- Amendment dated March 27, 2025, among DiamondRock Hospitality Company, DiamondRock Hospitality Limited Partnership as borrower, certain subsidiaries as guarantors, and Wells Fargo Bank, National Association as administrative agent
- Amendment removes certain mandatory prepayment requirements
- Full terms filed as Exhibit 10.1 to the report; the filing does not state dollar amounts
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 31, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.