NEWTON, Mass., 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.
Service Properties Trust (NASDAQ:SVC) Q1 2024 Earnings Call Transcript May 8, 2024 Service Properties Trust isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome to the Service Properties Trust First Quarter 2024 Earnings Conference Call. All participants […]
Despite a dip in key financial metrics, SVC maintains a robust net lease portfolio and strong liquidity, setting the stage for future growth.