Service Properties Trust Prices an Aggregate of $1.2 Billion of Senior Unsecured Notes
The joint book-running managers for the offerings were Citigroup Global Markets Inc., BofA Securities, Inc., J.P. Morgan Securities LLC., BMO Capital Markets Corp., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, PNC Capital Markets LLC, UBS Securities LLC and Wells Fargo Securities LLC.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction. SVC and the guarantors have filed a registration statement including a prospectus and will file a prospectus supplement with the Securities and Exchange Commission, or SEC, for the offerings to which this communication relates. Before you invest, you should read the prospectus and prospectus supplement, when available, in that registration statement and other documents SVC has filed with the SEC for more complete information about SVC and the guarantors and the offerings. You may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Copies of the prospectus supplement relating to the offerings and the related prospectus may be obtained by calling Citigroup toll-free, at (800) 831-9146, BofA Securities, toll-free at (800) 294-1322 or J.P. Morgan, toll free at 1-(212)-834-4533.
About Service Properties Trust
Service Properties Trust (Nasdaq: SVC) is a real estate investment trust which owns a diverse portfolio of hotels and service focused retail net lease properties across
WARNING CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains statements, including statements about the offerings, the tender offer and the satisfaction and discharge, that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Also, whenever SVC uses words such as “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “will”, “may” and negatives or derivatives of these or similar expressions, SVC is making forward-looking statements. These forward-looking statements are based upon SVC’s present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. SVC currently intends to use the net proceeds from these offerings to redeem the
The information contained in SVC’s filings with the SEC, including under the caption “Risk Factors” in SVC’s periodic reports, or incorporated therein, identifies other important factors that could cause differences from SVC’s forward-looking statements. SVC’s filings with the SEC are available on the SEC’s website at www.sec.gov.
You should not place undue reliance upon forward-looking statements.
Except as required by law, SVC does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
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Stephen Colbert, Director, Investor Relations
(617) 796-8232
Source: Service Properties Trust