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DiamondRock Hospitality Company Announces Pricing of Public Offering of Its 8.250% Series A Cumulative Redeemable Preferred Stock

Deals & Cases
August 21, 2020

Vinson & Elkins is serving as underwriters’ counsel in connection with DiamondRock Hospitality Company’s public offering of $110 million of 8.250% Series A Cumulative Redeemable Preferred Stock. The offering is expected to close on August 31, 2020, subject to customary closing conditions.

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations.

The V&E corporate team was led by partner Chris Green with assistance from senior associate Caroline Bailey and associates Tyler Johnson and Bekah Briggs. Advising on tax issues were partner Chris Mangin, senior associate Paige Anderson and associate Christina McLeod.

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