09:39 AM EST, 02/12/2026 (MT Newswires) -- Pebblebrook Hotel Trust ( PEB ) said Thursday it has refinanced its near-term debt maturities, extending its overall debt maturity schedule.

The transactions include a new $450 million senior unsecured term loan, early repayments of the Margaritaville Hollywood Beach Resort mortgage due in 2026, and the 2027 term loan.

The company also extended the remaining $48 million portion of the revolving credit facility, restoring total revolver capacity to $650 million through October 2029, including two optional six-month extensions.

As part of the financing, the company has eliminated 10-basis-point credit spread adjustment charge, saving on its annual interest expense.

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