Pebblebrook Hotel Trust has successfully completed a significant refinancing of its near-term debt, enhancing its liquidity and extending its debt maturity schedule. The company closed a new $450 million senior unsecured term loan, with $360 million funded at closing to refinance an existing loan and increase total capacity, extending the maturity to February 2031. An additional $90 million is available through a delayed-draw commitment until December 2026. Pebblebrook also extended its $650 million unsecured revolving credit facility through October 2029, restoring its full capacity and providing added financial flexibility. The company eliminated a previous 10-basis-point credit spread adjustment, reducing annual interest expenses. New lenders, M&T Bank and Royal Bank of Canada, joined the financing group as part of this transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pebblebrook Hotel Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20260212098937) on February 12, 2026, and is solely responsible for the information contained therein.