secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2024-09-23T23:59:59+00:00
Accession:  0001474098-24-000113
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pebblebrook Hotel Trust launches $350M senior notes due 2029 private placement
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- $350M aggregate principal amount senior notes due 2029, unsecured, guaranteed by the company and subsidiaries.
- Net proceeds: at least $253M to repay unsecured term loans; up to $87.4M for other loans or repurchase convertible notes.
- Notes offered via Rule 144A/Reg S private placement; not registered under the Securities Act.
- Credit agreement amended to permit and facilitate the issuance of the senior notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409824000113/0001474098-24-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409824000113/peb-20240918.htm
  HTML page:      https://secwatch.observer/filing/0001474098-24-000113

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