Pebblebrook Hotel Trust (PEB) said Monday it has extended $787 million in debt maturities, including $185.2 million of its $200 million 2025 term loan to 2029.
The company also extended $602 million of its $650 million senior unsecured revolving credit facility to 2029.
The credit facility has two six-month extension options and is undrawn and fully available, Pebblebrook said.
Pricing on the term loan and credit facility remains unchanged, the company said.
Shares of Pebblebrook were 2.9% higher in recent trading.
Price: 12.20, Change: +0.35, Percent Change: +2.95
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