tiprankstipranks
Pebblebrook Hotel Trust Extends Debt Maturities to 2029
Company Announcements

Pebblebrook Hotel Trust Extends Debt Maturities to 2029

Don't Miss our Black Friday Offers:

Pebblebrook Hotel ( (PEB) ) just unveiled an update.

Pebblebrook Hotel Trust has successfully extended $787 million in debt maturities, enhancing its financial flexibility and liquidity position. By extending the maturity of a significant portion of its term loan and revolving credit facility to 2029, Pebblebrook has postponed significant debt maturities until December 2026. This strategic move, coupled with recent debt financings, allows the company to focus on reducing debt and strengthening its balance sheet, while maintaining competitive interest rates.

See more data about PEB stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyPebblebrook Hotel price target raised to $14 from $13 at Wells Fargo
TheFlyPebblebrook Hotel upgraded to Buy from Hold at Stifel
TheFlyUlta Beauty downgraded, Palo Alto upgraded: Wall Street’s top analyst calls
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App