---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-067771"
form_type: "8-K"
ticker: "SVC"
cik: "0000945394"
company_name: "Service Properties Trust"
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T07:02:56.896307+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Service Properties Trust issues $1.2B notes at 8.375%/8.875% to refinance $1.15B of 2025 maturities

## Summary
- Issued $700M 8.375% Senior Notes due 2029 and $500M 8.875% Senior Notes due 2032; net proceeds ~$1.16B.
- Used proceeds to purchase $272M of 4.50% 2025 notes via tender and discharge remaining $78M.
- Expects to redeem all $800M of 7.50% notes due 2025 on June 4, 2024 using remaining proceeds and cash.
- Notes and guarantees are senior unsecured; subject to financial covenants limiting debt incurrence.
- Underwriter affiliates held some of the refinanced notes and received pro rata proceeds.

## SEC filing metadata
- accession: 0001104659-24-067771
- form_type: 8-K
- ticker: SVC
- cik: 0000945394
- company_name: Service Properties Trust
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945394/000110465924067771/0001104659-24-067771-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945394/000110465924067771/tm2414242d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-067771
- JSON: https://secwatch.observer/filing/0001104659-24-067771.json
- Plain text: https://secwatch.observer/filing/0001104659-24-067771.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.