Pebblebrook Hotel Trust prices $350M convertible senior notes offering (PEB:NYSE)
Group 1 - Pebblebrook Hotel Trust announced a private offering of $350 million in 1.625% convertible senior notes due January 15, 2030 [1] - The offering is targeted at institutional buyers [1] - The senior unsecured obligations will have an initial conversion rate of 62.9129 per $1,000 principal [1]