---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-018366"
form_type: "8-K"
ticker: "SVC"
cik: "0000945394"
company_name: "Service Properties Trust"
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:22:23.527377+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SVC plans $745M ABS securitization to fund redemption of $700M 8.375% notes

## Summary
- Issuers to sell $745M ABS notes in three tranches: Class A $220M at 5.157%, Class B $375M at 5.795%, Class M $150M at 7.549%.
- Net proceeds of ~$730M to redeem all $700M 8.375% Senior Notes due 2029 and for general corporate purposes.
- ABS notes secured by 472 net lease retail properties; non-recourse; expected maturity March 2031, callable at par March 2029.
- Redemption of 2029 notes expected on or about March 7, 2026, funded with ABS proceeds.

## SEC filing metadata
- accession: 0001104659-26-018366
- form_type: 8-K
- ticker: SVC
- cik: 0000945394
- company_name: Service Properties Trust
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945394/000110465926018366/0001104659-26-018366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945394/000110465926018366/tm266955d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-018366
- JSON: https://secwatch.observer/filing/0001104659-26-018366.json
- Plain text: https://secwatch.observer/filing/0001104659-26-018366.txt

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