Amadeusz Juskowiak

Red lion inns files plans offering

Red Lion Inns Limited Partnership said it filed a registration statement with the Securities and Exchange Commission covering a proposed offering of 4790000 units of limited partnership interests

The company said it expects the offering to be priced at 20 dlrs per unit

It said proceeds from the offering along with a 1025 mln dlr mortgage loan will be used to finance its planned acquisition of 10 Red Lion hotels