Company: PEB
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001474098-25-000070
Chunk: 14

Company: Pebblebrook Hotel Trust
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 14
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9. This indebtedness is referred to as Term Loan 2029. The Company also extended the maturity date of $602.0 million of its senior unsecured revolving credit facility from October 2026 to October 2028, with the option to extend the maturity date for up to two six-month periods, subject to certain terms and conditions and payment of an extension fee.The Company's debt consisted of the following as of March 31, 2025 and December 31, 2024 (dollars in thousands):   Balance Outstanding as of Interest Rate at March 31, 2025Maturity DateMarch 31, 2025December 31, 2024Revolving credit facilitiesSenior unsecured credit facility—(1)(2)October 2026 /October 2028$— $— PHL unsecured credit facility—(1)October 2028— — Revolving credit facilities$— $— Unsecured term loansTerm Loan 20255.15%(1)October 202514,783 14,783 Term Loan 20275.53%(1)October 2027360,000 360,000 Term Loan 20283.86%(1)January 2028356,652 356,652 Term Loan 20295.15%(1)January 2029185,217 185,217 Unsecured term loans principal$916,652 $916,652 Convertible senior notes principal1.75%December 2026$750,000 $750,000 Senior unsecured notesSeries B Notes4.93%December 20252,400 2,400 Senior Notes 20296.38%October 2029400,000 400,000 Senior unsecured notes principal$402,400 $402,400 Mortgage loansMargaritaville Hollywood Beach Resort7.04%(3)September 2026140,000 140,000 Estancia La Jolla Hotel & Spa5.07%September 202854,864 55,413 Mortgage loans principal$194,864 $195,413 Total debt principal$2,263,916 $2,264,465 Unamortized debt premiums, discount and deferred financing costs, net(16,478)(17,733)Debt, net$2,247,438 $2,246,