Chase Manhattan Corp. is providing a $100 million revolving loan to Choice Hotels Holdings Inc.

According to a filing with the securities and exchange commission, the three-year loan is to be priced at between 20 and 50 basis points over the London interbank offered rate.

The facility fee of 10 to 25 basis points was charged, and the loan is for "general corporate purposes," the filing said.

Duff & Phelps Gives A- Capitol One Long-Term Debt Gets an A-Minus Rating

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.