Service Properties Trust Raises $500M to Tackle Debt as Shares Plunge 39%

Key Facts

1Service Properties Trust raised $500 million through an equity offering to address near-term debt maturities.

2The equity raise caused significant shareholder dilution and a 39% drop in the share price.

3The company raised its normalized FFO guidance to a range of $124 million to $144 million.

Service Properties Trust raised $500 million through an equity offering to address near-term debt maturities. Seeking Alpha reported that the capital raise caused significant shareholder dilution and triggered a 39% drop in the share price.

The company raised its normalized FFO guidance to a range of $124 million to $144 million, despite ongoing concerns regarding high leverage. SVC closed at $6.38 on October 2, 2026, after trading between a low of $6.35 and a high of $6.54 during that session.