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Published on 7/23/2021 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Pebblebrook Hotel Trust calls $125 million 6.5% series C preferreds

By Rebecca Melvin

Concord, N.H., July 23 – Pebblebrook Hotel Trust issued a call for its $125 million of 6.5% series C cumulative redeemable preferred shares, subject to the company’s public offering of 5.7% series H cumulative redeemable preferred shares.

The redemption price for the 5 million issued and outstanding series C preferreds will be $25.00 each plus accrued dividends to but excluding the redemption date of Aug. 21, according to the notice.

Equiniti Trust Co. (651 450-4064) is the redemption and paying agent.

Pebblebrook is a Bethesda, Md.-based real estate investment trust.


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