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     205  0 Kommentare Service Properties Trust Prices $800 Million of Senior Unsecured Notes - Seite 2

    Service Properties Trust is a real estate investment trust, or 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 operated under long term management or lease agreements. SVC is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.

    Warning Regarding Forward-Looking Statements

    This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Also, whenever SVC uses words such as “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “will”, “may” and negatives or derivatives of these or similar expressions, SVC is making forward-looking statements. These forward-looking statements are based upon SVC’s present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. Actual results may differ materially from those contained in or implied by SVC’s forward-looking statements as a result of various factors. Forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond SVC’s control. For example:

    • This press release states that the settlement of the sale of the notes and related guarantees is expected to occur on June 17, 2020. The settlement of this offering is subject to various conditions and contingencies as are customary in underwriting agreements in the United States. If these conditions are not satisfied or the specified contingencies do not occur, this offering may not close.
    • SVC’s current intent to use the net proceeds from the offering to repay amounts outstanding under its revolving credit facility is dependent on the closing of the offering and may not occur.

    The information contained in SVC’s filings with the SEC including under “Risk Factors” in SVC’s periodic reports, or incorporated therein, identifies other important factors that could cause SVC’s actual results to differ materially from those stated in or implied by SVC’s forward-looking statements. SVC’s filings with the SEC are available on the SEC's website at www.sec.gov.

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    Service Properties Trust Prices $800 Million of Senior Unsecured Notes - Seite 2 Service Properties Trust (Nasdaq: SVC) today announced that it has priced an underwritten public offering of $800 million aggregate principal amount of 7.50% unsecured senior notes due 2025 guaranteed by certain of SVC’s subsidiaries. The settlement …