{"id":825242,"date":"2022-10-05T19:09:38","date_gmt":"2022-10-05T17:09:38","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/service-properties-trust-announces-amendment-to-credit-agreement\/"},"modified":"2022-10-05T19:09:38","modified_gmt":"2022-10-05T17:09:38","slug":"service-properties-trust-announces-amendment-to-credit-agreement","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/service-properties-trust-announces-amendment-to-credit-agreement\/","title":{"rendered":"Service Properties Trust Announces Amendment to Credit Agreement"},"content":{"rendered":"Extends Maturity Date to July 2023\n\n\nRestrictions on Payments of Common Dividends Removed\n\nNEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced it has amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to July 2023. The key terms of the amendment include:\n\n\nSVC will maintain minimum liquidity of $600 million until it repays or refinances its $500 million of 4.50% senior notes due in June 2023 and maintain at least $150 million of liquidity thereafter; and\nRestrictions on paying common dividends and issuing secured debt previously agreed to during the existing waiver period were removed, subject to certain conditions.\n\nBrian Donley, Chief Financ
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Extends Maturity Date to July 2023 Restrictions on Payments of Common Dividends Removed NEWTON, Mass.–(BUSINESS WIRE)–Service Properties Trust (Nasdaq: SVC) today announced it has amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to July 2023. The key terms of the amendment include: SVC will maintain minimum […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-825242","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nService Properties Trust Announces Amendment to Credit Agreement - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/service-properties-trust-announces-amendment-to-credit-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Service Properties Trust Announces Amendment to Credit Agreement - BeBeez\" \/>\n<meta property=\"og:description\" content=\"Extends Maturity Date to July 2023 Restrictions on Payments of Common Dividends Removed NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced it has amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to July 2023. 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