SVC News and Press, Service Properties Trust From 06/03/24

Service Properties Trust (Nasdaq: SVC) today announced that President and Chief Investment Officer Todd Hargreaves together with Treasurer and Chief Financial Officer Brian Donley will be presenting at Nareit’s REITweek 2024 Investor Conference in New York, NY on Wednesday, June ...

Service Properties Trust (Nasdaq: SVC) today announced the pricing of its previously announced cash tender offer, or the Offer, to purchase any and all of its outstanding $350,000,000 aggregate principal amount of 4.50% Senior Notes due 2025 (CUSIP No. 44106MAT9), or the Notes. The terms and co...

Service Properties Trust (Nasdaq: SVC) today announced the early tender results as of 5:00 p.m. Eastern Time on May 29, 2024, of its previously announced cash tender offer, or the Offer, to purchase any and all of its outstanding $350,000,000 aggregate principal amount of 4.50% Senior Notes due...

2024-05-20 03:59:12 ET Summary With a -4.27% average total return in April, REITs have now seen declines in 3 of the first 4 months of 2024. Micro caps (-2.71%) and small caps (-2.87%) averaged low single digit declines in April, while mid-caps (-5.36%) and large caps (-5.99%) per...

2024-05-19 09:00:00 ET Summary U.S. equity markets climbed to fresh record highs, while benchmark interest rates dipped to one-month lows after a critical slate of inflation and retail sales data showed an unexpected cooldown. Reflecting the mounting quantity of downside economic ...

2024-05-17 17:00:42 ET More on Service Properties Trust Service Properties Trust (SVC) Q1 2024 Earnings Call Transcript Service Properties Trust: Hidden Value In Sonesta Service Properties Trust (SVC) Q4 2023 Earnings Call Transcript Service Properties Trust ...

Service Properties Trust (Nasdaq: SVC), or SVC , today announced that it has priced underwritten public offerings of $700.0 million of 8.375% Senior Guaranteed Unsecured Notes due 2029 and $500.0 million of 8.875% Senior Guaranteed Unsecured Notes due 2032. Both series of notes will be guarante...

Service Properties Trust (Nasdaq: SVC) today announced that it has commenced a cash tender offer, or the Offer, to purchase any and all of its outstanding $350,000,000 aggregate principal amount of 4.50% Senior Notes due 2025 (CUSIP No. 44106MAT9), or the Notes, and a related consent solicitati...

2024-05-14 08:10:00 ET Summary Portfolio changes in April focus on BDCs, aiming to increase dividend income by at least $100 each month. Dividend income hit a new all-time record for April of $736, basically flat Y/Y and up 12% sequentially. Gifted Working Time 2024: Around 85...

2024-05-13 09:15:03 ET B. Riley analyst issues BUY recommendation for SVC on May 13, 2024 08:11AM ET. The previous analyst recommendation was Buy. SVC was trading at $5.73 at issue of the analyst recommendation. The overall analyst consensus : HOLD. Current analyst r...