Service Properties Trust Announces Increase to Tender Cap for its Outstanding 4.25% Senior Notes Due 2021 to $350,000,000

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[{"type":"text","content":" NEWTON, Mass.--(BUSINESS WIRE)--\nService Properties Trust (Nasdaq: SVC), or SVC, a Maryland real estate investment trust, or REIT, announced today that it has increased the principal amount of its outstanding $400,000,000 aggregate principal amount of 4.25% Senior Notes due 2021 (CUSIP No. 44106M AU6), or the Notes, that it can purchase under its previously announced tender offer, or the Offer, from $100,000,000 to $350,000,000, or as amended by this press release, the Tender Cap, subject to the conditions set forth in the Offer to Purchase, dated June 2, 2020 (as amended or supplemented from time to time), or the Offer to Purchase. Except as stated, all other terms and conditions of the Offer, as described in the Offer to Purchase, will remain the same.\n\n\nInformation Relating to the Offer\n\n\nBofA Securities, and Wells Fargo Securities are acting as dealer managers for the Offer. The tender agent and information agent for the tender offer is Global Bondholder Services Corporation. Questions regarding the tender offer may be directed to BofA Securities at (980) 387-3907 (collect) or (888) 292-0070 (U.S. toll-free) or Wells Fargo Securities at (704) 410-4759 (collect) or (866) 309-6316 (U.S. toll-free). Holders who would like additional copies of the offer documents may call the information agent, Global Bondholder Services Corporation at (212) 430-3774 (collect, for banks or brokers) or (866) 470-3700 (toll-free, for all others) or by e-mail at [email protected].\n\n\nThis press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The tender offer is being made solely by means of the Offer to Purchase and the related Letter of Transmittal that SVC has distributed to holders of Notes.\n\n\nAbout Service Properties Trust\n\n\nService Properties Trust is a REIT which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada with 148 distinct brands across 23 industries. SVC’s properties are primarily operated under long-term management or lease agreements. SVC is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), or RMR Inc., an alternative asset management company that is headquartered in Newton, Massachusetts.\n\n\nWarning Concerning ...

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