NH Hoteles seeks debt refinancing | reuters.com

Spanish hotel group NH Hoteles said on Thursday it asked creditor banks to back a near-term debt refinancing ahead of a 195 million euro ($249.92 million) payment on a syndicated loan due in a month's time. The group, which operates some 175 hotels at home and more than 225 abroad, said it hoped banks would soon agree to a five-year refinancing of the 650 million euro loan, which was taken out in 2007.