Service Properties Trust

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD700.0005Jun-29Sr. UnsecuredB2BB-FixedTsy--4198.38%-99.00100
USD500.0008Jun-32Sr. UnsecuredB2BB-FixedTsy--4818.88%-98.00000
Tranche Comments
5 yr: First Pay: 2024-12-01; Redemption: 2026-06-15; Registration: Registered; Comments: US$700m 5 yr (6/15/2029) fxd cpn 8.375% at 99.001, yld 8.625%. Spread: T+419bp. MWC: T+50bp. Equity Clawback: Up to 40% of the aggregate principal amount of the 2029 Notes at 108.375% prior to June 15, 2026. CoC: 101%. Call Schedule: 2026 at 104.188%, 2027 at 102.094%, 2028 and thereafter at par; 8 yr: First Pay: 2024-12-01; Redemption: 2027-06-15; Registration: Registered; Comments: US$500m 8yr (6/15/2032) fxd cpn 8.875% at 98, yld 9.234%. Spread: T+481bp. MWC: T+50bp. Equity Clawback: Up to 40% of the aggregate principal amount of the 2032 Notes at 108.875% prior to June 15, 2027. CoC: 101%. Call Schedule: 2027 at 104.438%, 2028 at 102.219%, 2029 and thereafter at par;
Use of Proceeds
Redeem notes and for general corporate purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
TSJ7,988.0007Mar-09Sn. Splqnpd---MnszhUla-9.00% a4368.63%-35.66000
Tranche Comments
8 vg: Redemption: 2026-11-15; Registration: 144O/Prj E; Comments: IY$1mc(nbgsvmp slpq IY$800q) 8.625% ubc 8ll (11/15/31) IT3 (11/15/26) mc 98.59, ljp 8.875%. Yblmmpd Z+436mb. OYT Z+50mb blspl cp 11/15/26, mcp clmc 104.313, 102.156, 100.00. Ymccjmd 11/16/23. 144S TIYHId 81761TST63. Umgmc Jmcmd 2026-11-15. Zmb Tmjjd Ip. IId Ip. BJd Ip. TYHd 529900HY770SI1F9KI27;
Use of Proceeds
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CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ONI465.0006Jun-15Kh. UrqlfxhlfZw1PP-LalmqGbd5.875% a--5.50%-502.00000
Tranche Comments
7 lo: First Pay: 2021-06-15; Redemption: 2027-09-15; Registration: Xzoyiuzhzm; Comments: PY$450o(umqxgwj nkho PY$400o) 5.50% omr 7-iwnk(12/15/2027) nk 100.00, ipj 5.50%. QNDT+50ym. Duqxmd 81761OMG8;
Deal Comments
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Use of Proceeds
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CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
FTW909.0006Nov-08Bk. OqvjsfkjjDgg3ZZ+-ApfoiHAO-7.75% o (+/-12.5)-7.50%1204.00000
Tranche Comments
5 nk: Book size: 3766; Registration: Njwpwmjojb; Comments: ZJ$800w 7.50% iok 5-qeso(9/15/25) sg 100, qqc 7.50%. GPG O+50ho;
Guarantor(s)
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Use of Proceeds
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