{"schema_version":"secwatch.filing_event.v1","accession":"0001474098-25-000129","form_type":"8-K","ticker":"PEB","cik":"0001474098","company_name":"Pebblebrook Hotel Trust","filed_at":"2025-09-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.061324+00:00","generated_at":"2026-05-17T05:57:54.871084+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Pebblebrook raises $400M 1.625% convertible notes due 2030; repurchases $400M 2026 notes and 4.3M shares","bullets":["Issued $400M aggregate principal of 1.625% Convertible Senior Notes due Jan 15, 2030; net proceeds ~$389.7M.","Used proceeds plus $4.1M cash to repurchase $400M of outstanding 1.75% Convertible Notes due 2026 in private transactions.","Repurchased ~4.3M common shares at $11.56 per share via existing buyback program concurrent with note pricing.","Initial conversion price ~$15.89/share (37.5% premium over $11.56 close); capped call transactions cap dilution at $20.23/share.","Notes are senior unsecured, redeemable after July 20, 2028 if stock price exceeds 130% of conversion price for 20 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001474098-25-000129","json":"https://secwatch.observer/filing/0001474098-25-000129.json","markdown":"https://secwatch.observer/filing/0001474098-25-000129.md","text":"https://secwatch.observer/filing/0001474098-25-000129.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1474098/000147409825000129/0001474098-25-000129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1474098/000147409825000129/peb-20250916.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:57:54.871084+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5dfa197d8b3398336071e8a3761dc827c7efe407","claim":"Pebblebrook Hotel Trust incurred convertible notes of $400.0 million aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 1.625% per year maturing January 15, 2030.","evidence_excerpt":"“Purchase Agreement”) with the representative of the several initial purchasers named therein (the “Initial Purchasers”) pursuant to which the Company agreed to offer and sell $400.0 million aggregate principal amount of its 1.625% Convertible Senior Notes due 2030 (the “2030 Notes”), inclusive of $50.0 million aggregate principal amount of the 2030 Notes that were","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1474098/000147409825000129/0001474098-25-000129-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$400.0 million aggregate principal amount"},{"label":"Counterparty","value":"The Bank of New York Mellon Trust Company, N.A."},{"label":"Rate","value":"1.625% per year"},{"label":"Maturity","value":"January 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}