secwatch.observer — SEC 8-K summary
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Issuer:     Xenia Hotels & Resorts, Inc. (XHR)
CIK:        0001616000
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001193125-24-265334
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xenia Hotels issues $400M 6.625% senior notes due 2030, redeems 2025 notes
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- Issued $400M aggregate principal of 6.625% senior notes due May 15, 2030.
- Net proceeds plus cash used to redeem all outstanding 6.375% senior notes due 2025.
- Notes guaranteed by Xenia and certain subsidiaries; interest payable semi-annually starting May 15, 2025.
- Make-whole redemption prior to May 15, 2027; thereafter at 103.313% to 100% of principal.
- Indenture includes change-of-control repurchase at 101% and customary covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616000/000119312524265334/0001193125-24-265334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616000/000119312524265334/d893294d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-265334

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