---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-038793"
form_type: "8-K"
ticker: "SVC"
cik: "0000945394"
company_name: "Service Properties Trust"
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:55:17.489868+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Service Properties Trust to offer 416.7M shares at $1.20, raising $500M to redeem senior notes

## Summary
- Offering of 416,666,667 common shares at $1.20/share for gross proceeds of $500 million; underwriter option for 62.5M additional shares.
- Net proceeds to redeem $100M 4.95% Senior Notes due 2027 and $370M of $450M 5.50% Senior Notes due 2027.
- Articles amended to increase authorized common shares from 200M to 900M to accommodate the offering.
- Related parties (Helix, RMR, institutional investor, officers/trustees) committed to purchase 172.4M shares at the offering price.
- Lock-up agreements of 90 days for officers, directors, and RMR; company also restricted from issuing shares for 90 days.

## SEC filing metadata
- accession: 0001104659-26-038793
- form_type: 8-K
- ticker: SVC
- cik: 0000945394
- company_name: Service Properties Trust
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945394/000110465926038793/0001104659-26-038793-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945394/000110465926038793/tm2610827d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-038793
- JSON: https://secwatch.observer/filing/0001104659-26-038793.json
- Plain text: https://secwatch.observer/filing/0001104659-26-038793.txt

## Source-grounded claims
- claim_id: ef44c7e9043368620536f367812a7a67fc801a6c
  claim: Service Properties Trust: Increased authorized common shares from 200 million to 900 million (effective 2026-03-30).
  evidence_excerpt: On March 30, 2026, we filed Articles of Amendment to our Amended and Restated Declaration of Trust, as amended, with the Maryland Department of Assessments and Taxation to increase the number of our authorized common shares from 200 million to 900 million, effective as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/945394/000110465926038793/0001104659-26-038793-index.htm
- claim_id: 0af55fba8ae9abfbf3795ea4a457415f68fb1f16
  claim: Service Properties Trust entered into Underwriting Agreement with Yorkville Securities, LLC, as representative of the underwriters valued at $500,000,000 (effective 2026-03-31).
  evidence_excerpt: On March 31, 2026, we entered into an underwriting agreement, or the Underwriting Agreement, with Yorkville Securities, LLC, as representative of the underwriters named therein, with respect to an underwritten public offering of 416,666,667 of our common shares of beneficial interest, $.01 par value per share, or common shares, at a public offering price of $1.20 per share. We expect to issue and deliver these common shares on or about April 2, 2026, for aggregate gross proceeds of $500,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/945394/000110465926038793/0001104659-26-038793-index.htm

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