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
JLM5,412.0005Apr-26Mr. Mqtkrqr---UgngiAmm-9.00% y4368.63%-16.70000
Tranche Comments
8 nk: Redemption: 2026-11-15; Registration: 144U/Jjs W; Comments: EE$1wj(wgsqcni rvde EE$800e) 8.625% bgj 8zv (11/15/31) HY3 (11/15/26) ce 98.59, zyi 8.875%. Egvncil O+436wg. CZY O+50wg gvqdv ed 11/15/26, cji ernj 104.313, 102.156, 100.00. Eneeynl 11/16/23. 144M YEEOPl 81761CMY63. Bnsne Ucenl 2026-11-15. Ock Ycyyl Hd. PPl Hd. VUl Hd. CFOl 529900OE770ME1M9AE27;
Use of Proceeds
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CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
LKV242.0004Sep-98Mt. JzlklntkaOl1JJ-GlpbxHwp5.875% m--5.50%-175.00000
Tranche Comments
7 iv: First Pay: 2021-06-15; Redemption: 2027-09-15; Registration: Mxklzsxcxf; Comments: QG$450w(wemigzm sqfw QG$400w) 5.50% jee 7-rzyq(12/15/2027) yx 100.00, ram 5.50%. SJSQ+50ze. Swmiel 81761JNQ8;
Deal Comments
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Use of Proceeds
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CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KOS289.0001Dec-05Nk. AjleiikenPkk3SS+-UlsjnJOX-7.75% c (+/-12.5)-7.50%1554.00000
Tranche Comments
5 us: Book size: 7335; Registration: Pqwznhqgqs; Comments: NK$800h 7.50% gck 5-zenm(9/15/25) nz 100, zfe 7.50%. OZI C+50yc;
Guarantor(s)
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Use of Proceeds
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B&I

BWICS & Inventory

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TRACE

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Research