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Stock Market & Financial Investment News

News Breaks
November 15, 2012
05:16 EDTMHGCMorgans Hotel Group refinances the mortgage loan secured by Hudson
Morgans Hotel Group announced that it has successfully executed a new $180M non-recourse loan secured by Hudson in New York. The proceeds were used to retire the previous mortgage loan on Hudson of $115M and fund reserves required under the new loan, with the remainder available for general corporate purposes.
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