debt
confidence high
sentiment positive
materiality 0.65
Pebblebrook extends $787M in debt maturities to 2029, no significant maturities until Dec 2026
Pebblebrook Hotel Trust
- Extended $185.2M of 2025 term loan to January 2029; remaining $14.8M still matures Oct 2025.
- Extended $602M of $650M revolver to Oct 2028 (two six-month options to 2029).
- Revolver remains undrawn and fully available; pricing unchanged at SOFR +140-250bps.
- Weighted avg interest rate on $2.3B debt is 4.3%; 91% fixed-rate and 91% unsecured.
- No significant debt maturities until December 2026, enhancing financial flexibility.