Pebblebrook Hotel Trust (the “Company”) PEB announced today that
it intends to issue 2,200,000 of its common shares of beneficial
interest, $0.01 par value per share, in an underwritten public offering.
The underwriter may offer the shares from time to time for sale in one
or more transactions on the New York Stock Exchange, in the
over-the-counter market, through negotiated transactions or otherwise at
market prices prevailing at the time of sale, at prices related to
prevailing market prices or at negotiated prices. The underwriter will
be granted a 30-day option to purchase up to an additional 330,000
common shares. The offering is expected to close on November 6, 2013,
subject to customary closing conditions.
See full press release
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