Antares arranges $198 mln financing for Kohlberg's acquisition of Interstate Hotels

Antares Capital announced it is supporting Kohlberg & Company's acquisition of Interstate Hotels & Resorts. Antares is serving as administrative agent, joint leader arranger and joint bookrunner on $198 million of debt financing for the transaction. Interstate is headquartered in Arlington, Virginia, and operates 425 properties in the United States and nine foreign countries.

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