secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001474098-24-000130
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pebblebrook extends $787M in debt maturities to 2029, no significant maturities until Dec 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409824000130/0001474098-24-000130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409824000130/peb-20241101.htm
  HTML page:      https://secwatch.observer/filing/0001474098-24-000130

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer