8-K
filed September 26, 2025, 7:59 PM ET
ticker SHO
CIK 0001295810
debt
confidence high
sentiment positive
materiality 0.65
Sunstone closes $1.35B credit facility, extends maturities to 2030-2031, lowers borrowing cost
Sunstone Hotel Investors, Inc.
- Aggregate borrowing capacity of $1.35B composed of $500M revolver and three term loans totaling $850M.
- Revolver matures Sep 2029 extendable to Sep 2030; term loans mature Jan 2029, Jan 2030, Jan 2031.
- Over 75% of debt and preferred equity now subject to fixed rates via interest rate swaps.
- Proceeds used to consolidate prior term loans, repay revolver; will repay Series A Senior Notes due 2026, no maturities until 2028.
- Pricing based on leverage grid 1.35%-2.25% over term SOFR; includes $300M accordion feature.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001104659-25-093887
- form_type
- 8-K
- ticker
- SHO
- cik
- 0001295810
- company_name
- Sunstone Hotel Investors, Inc.
- filed_at
- 2025-09-26T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:43.605680+00:00
- generated_at
- 2026-05-17T05:31:57.381865+00:00
- sec_items
- ["1.01", "2.03", "7.01", "9.01"]
- event_type
- debt
- sentiment
- positive
- materiality_score
- 0.65
- calibrated_materiality_score
- 0.65
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001104659-25-093887
- json_url
- https://secwatch.observer/filing/0001104659-25-093887.json
- markdown_url
- https://secwatch.observer/filing/0001104659-25-093887.md
- text_url
- https://secwatch.observer/filing/0001104659-25-093887.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1295810/000110465925093887/0001104659-25-093887-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1295810/000110465925093887/sho-20250924x8k.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
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