Clydesdale Bank Corporate and Structured Finance (CSF) has supported the senior debt refinancing of hotel group QMH's UK division.
The deal comprises Crowne Plaza properties in Chester, Nottingham and Glasgow, as well as Holiday Inns in nine locations and two Best Westerns.
Minesh Patel of Clydesdale Bank's CSF team said: "The group has a highly experienced management team and has made significant investment to ensure its hotels maintain a fresh contemporary appeal."
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