Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.