Latest News

May 17, 2024
Service Properties Trust (Nasdaq: SVC), or SVC , today announced that it has priced underwritten public offerings of $700.0 million of 8.375% Senior Guaranteed Unsecured Notes due 2029 and $500.0 million of 8.875% Senior Guaranteed Unsecured Notes due 2032. Both series of notes will be guaranteed by certain of SVC’s subsidiaries. The settlement of the offerings is expected to occur on June 3, 2024, subject to the satisfaction of customary closing conditions. SVC expects to use the net proceeds from the offerings to redeem $800.0 million principal amount outstanding of its 7.50% senior unsecured notes due 2025, or the 7.50% Notes, and, together with cash on hand to the extent necessary, (1) to fund the purchase of any and all of the $350.0 million principal amount outstanding of its 4.50% senior unsecured notes due 2025, or the 4.50% Notes, including any premium and accrued and unpaid interest on the tendered notes, pursuant to its previously announced tender offer, or the Tender...
May 15, 2024
Service Properties Trust (Nasdaq: SVC) today announced that it has commenced a cash tender offer, or the Offer, to purchase any and all of its outstanding $350,000,000 aggregate principal amount of 4.50% Senior Notes due 2025 (CUSIP No. 44106MAT9), or the Notes, and a related consent solicitation for certain proposed amendments to the indenture governing the Notes, or the Indenture, as described below. The following table sets forth certain terms of the Offer: Title of Notes CUSIP/ISIN Outstanding Principal Amount UST Reference Security Bloomberg Reference Page(1) Fixed Spread (bps) Early Tender Payment(2)(3) 4.50% Senior

Notes due

2025 CUSIP:

44106M AT9

ISIN:

US44106MAT99 $350,000,000 1.750% UST

due 3/15/2025 FIT3 +35 bps $50.00 (1) The applicable page on Bloomberg from which the Dealer Manager (as defined below) will quote the bid side price of the applicable U.S. Treasury security. In the table above “UST”...
May 7, 2024
Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Results section of SVC’s website at https://www.svcreit.com/investors/financial-information/default.aspx . A conference call to discuss SVC’s first quarter results will be held on Wednesday, May 8, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-3720 or (412) 317-5434 (if calling from outside the United States and Canada); a pass code is not required. A replay will be available for one week by dialing (877) 344-7529; the replay pass code is 4164628. A live audio webcast of the conference call will also be available in a listen only mode on SVC’s website, at www.svcreit.com . The archived webcast will be available for replay on SVC’s website after the call. The transcription, recording and retransmission in any way of SVC’s first quarter conference call are strictly prohibited without the prior...

Recent Events

05/08/2024 10:00 AM EST

Dial-in Numbers:
U.S./Canada: 1-877-329-3720
International: 1-412-317-5434
No pass code required.
Call replay available until May 15, 2024 at 412-317-0088; pass code: 4164628

Investor Presentation

Stock Quote

Stock Quote: NASDAQ

Price 5.53

Change +0.15

Volume 218,816

% Change +2.79%

Intraday High 5.55

52 Week High 9.39

Intraday Low 5.42

52 Week Low 5.28

Today's Open 5.46

Previous Close 5.38

05/24/2024 11:29 AM Delayed 20 minutes
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Contacts

Investor Relations Email: IR@svcreit.com Phone: 617-796-8232

Media Relations Email: media@svcreit.com

Cautionary Language

The information appearing on SVC’s website includes statements which constitute forward looking statements. These forward looking statements are based upon SVC’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. SVC’s actual results may differ materially from those contained in SVC’s forward looking statements. The information contained in SVC’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in SVC’s periodic reports and other filings, identifies important factors that could cause SVC’s actual results to differ materially from those stated in SVC’s forward looking statements. SVC’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on SVC’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.

The documents provided in this archived section are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued or such earlier date stated in those documents. Except as required by law, Service Properties Trust does not undertake any obligation to update any information contained in these documents. For current information about the company, please refer to our most recent public SEC Filings.

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