---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-008821"
form_type: "8-K"
ticker: "SHO"
cik: "0001295810"
company_name: "Sunstone Hotel Investors, Inc."
filed_at: "2021-07-08T23:59:59+00:00"
generated_at: "2026-06-30T06:32:44.602043+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sunstone amends unsecured debt agreements, removes $250M acquisition cap

## Summary
- Covenant limiting unencumbered hotel acquisitions to $250M removed during waiver period.
- Mandatory prepayment from asset sales or equity issuances eliminated unless default occurs.
- $500M revolver undrawn; $185M term loans and $205M private placement notes outstanding.
- Financial covenant waiver continues through March 31, 2022 with minimum liquidity threshold.

## SEC filing metadata
- accession: 0001558370-21-008821
- form_type: 8-K
- ticker: SHO
- cik: 0001295810
- company_name: Sunstone Hotel Investors, Inc.
- filed_at: 2021-07-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295810/000155837021008821/0001558370-21-008821-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295810/000155837021008821/sho-20210702x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-008821
- JSON: https://secwatch.observer/filing/0001558370-21-008821.json
- Plain text: https://secwatch.observer/filing/0001558370-21-008821.txt

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