---
schema_version: "secwatch.filing_event.v1"
accession: "0001474098-24-000026"
form_type: "8-K"
ticker: "PEB"
cik: "0001474098"
company_name: "Pebblebrook Hotel Trust"
filed_at: "2024-01-04T23:59:59+00:00"
generated_at: "2026-06-07T03:54:50.991686+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pebblebrook extends $356.7M of 2024 term loan to 2028, repays $110M on term loans

## Summary
- Maturity of $356.7M extended from Oct 11, 2024 to Jan 20, 2028; $43.3M of 2024 term loan still due Oct 11, 2024.
- Repaid $60M on 2024 term loan (now $400M outstanding) and $50M on 2025 term loan (now $410M outstanding).
- Amendment entered Jan 3, 2024 with Bank of America as agent; total term loan facility remains $1.38B across three tranches.
- Credit agreement margins unchanged: SOFR-based loans 1.40%-2.45%, Base Rate-based 0.40%-1.45%, based on leverage.

## SEC filing metadata
- accession: 0001474098-24-000026
- form_type: 8-K
- ticker: PEB
- cik: 0001474098
- company_name: Pebblebrook Hotel Trust
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474098/000147409824000026/0001474098-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474098/000147409824000026/peb-20240103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474098-24-000026
- JSON: https://secwatch.observer/filing/0001474098-24-000026.json
- Plain text: https://secwatch.observer/filing/0001474098-24-000026.txt

## Key facts
- Material Agreements
  Pebblebrook Hotel Trust amended First Amendment to Fifth Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent and L/C issuer, and certain other lenders named therein (effective 2024-01-03).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent and L/C issuer, and certain other lenders named therein
  - Effective: 2024-01-03
  source text: On January 3, 2024, Pebblebrook Hotel Trust (the " Company "), as parent guarantor, Pebblebrook Hotel, L.P. (the " Operating Partnership "), as borrower , and certain subsidiaries of the Operating Partnership, as guarantors, Bank of America, N.A. (" BofA ") , as administrative agent and L/C issuer, and certain other lenders named therein, entered into the First Amendment to Fifth Amended and Restated Credit Agreement (the " Credit Agreement Amendment ")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474098/000147409824000026/0001474098-24-000026-index.htm

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