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Stock impact report

Service Properties Trust: Cash Flow And Debt Maturities Working Against Investors [Seeking Alpha]

Service Properties Trust - Shares of Beneficial Interest (SVC) 
Last service properties trust - shares of beneficial interest earnings: 2/28 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
SVC's heavy debt load, with over $5.5 billion outstanding and upcoming maturities, is being refinanced at significantly higher rates, increasing financial pressure. Asset sales have temporarily supported cash flow, but are not a sustainable solution, as negative free cash flow persists and equity continues to erode. Given the deteriorating fundamentals and refinancing risks, SVC is not an attractive investment for shareholders or bondholders at this time. Tamer Soliman/iStock Editorial via Getty Images Introduction Service Properties Trust ( NASDAQ: SVC ) is a real estate investment trust that invests in two types of assets; hotels and triple net lease properties. In addition to shares, the company also has high yielding debt. I This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and Show less Read more
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