Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

February 07, 2016 12:15 AM ET

Hotels, Restaurants and Leisure

Company Overview of Strategic Hotel Funding, LLC

Company Overview

Strategic Hotel Funding, LLC owns and operates upscale and luxury hotels in North America and Europe. Strategic Hotel Funding, LLC was incorporated in 1997 and is based in Chicago, Illinois.

200 West Madison Street

Suite 1700

Chicago, IL 60606-3415

United States

Founded in 1997





Key Executives for Strategic Hotel Funding, LLC

Age: 67
Compensation as of Fiscal Year 2015.

Strategic Hotel Funding, LLC Key Developments

Strategic Hotel Funding, L.L.C. Enters into an Amended and Restated Senior Unsecured Credit Agreement with Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated

On May 27, 2015, Strategic Hotel Funding, L.L.C. entered into an amended and restated senior unsecured credit agreement with Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as co-lead arrangers, Deutsche Bank AG New York Branch as the administrative agent and the various financial institutions as are or may become parties thereto. The credit agreement provides the borrower with a $750,000,000 senior unsecured credit facility comprised of a $450,000,000 revolving credit facility and a $300,000,000 term loan. The new credit facility contains an accordion feature, which provides the option to increase the borrowing capacity up to an additional $250,000,000, subject to the satisfaction of customary conditions as set fourth in the credit agreement. The accordion may be exercised in the form of additional revolving loan or term loan commitments. The new credit facility matures on May 27, 2020 and will be used for the borrower's and its subsidiaries' general corporate, limited partnership or limited liability company purposes, including ongoing working capital requirements, capital expenditures and acquisitions. Pursuant to the credit agreement, the Revolver's interest rate is based upon a leverage-based pricing grid ranging from LIBOR plus 1.65% to LIBOR plus 2.40%. The initial interest rate under the Revolver is the sum of LIBOR plus a margin of 1.65% per annum. Pursuant to the credit agreement, the term loan's interest rate is also based upon a leverage-based pricing grid ranging from LIBOR plus 1.60% to LIBOR plus 2.35%. The initial interest rate of the term loan is the sum of LIBOR plus a margin of 1.60% per annum. The new credit facility also includes a $60,000,000 letter of credit sub-facility. Pursuant to the credit agreement, the face amount of all outstanding letters of credit reduces borrowing capacity under the revolver on a dollar-for-dollar basis. The borrower may prepay the new credit facility, in whole or in part and without penalty, subject to certain conditions set fourth in the credit agreement. The new credit facility is also subject to mandatory prepayment under certain circumstances as set fourth in the credit agreement. In addition, if the total amount outstanding under the new credit facility exceeds certain thresholds, the borrower must repay such excess amount immediately and must also provide cash collateral in an amount equal to the excess to collateralize any outstanding letters of credit.

Similar Private Companies By Industry

Company Name Region
Alberto's Mexican Food, Inc. United States
Holiday Inn Salina Kansas United States
Monroe Golf & Country Club, Inc. United States
RJC, LLC United States
World Joint Corporation United States

Recent Private Companies Transactions

May 4, 2015
Four Seasons Hotel Austin
April 28, 2015
Hyatt Regency La Jolla at Aventine

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Strategic Hotel Funding, LLC, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at