Pebblebrook Hotel Trust prices $350M convertible senior notes offering (PEB:NYSE)

Pebblebrook Hotel Trust (NYSE:PEB) announced on Thursday the pricing of a private offering of $350M 1.625% convertible senior notes due January 15, 2030, to institutional buyers. The senior unsecured obligations will have an initial conversion rate of 62.9129 per$ 1,000 principal ...