Summit Hotel Properties, Inc. (INN.PF) bonds
Close on Oct 30, 2026Market cap $767.92MP/E –Yield 4.49%
Debt
Borrowings on the balance sheet, Jun 30, 2026
Summit Hotel Properties reports no long-term debt line
Its balance sheet in XBRL does not include long-term debt, so totals and interest cost cannot be shown.
When the debt comes due
Principal repayments of long-term debt by fiscal year, as scheduled at Dec 31, 2025
From the debt maturity table in the annual report (filing). “Later” is everything due after year five.
Notes and loans outstanding
As tagged in Summit Hotel Properties's 10-Q for the period ended Jun 30, 2026
Coupon by maturity
Each circle is a note, sized by the amount issued. The line is what the US Treasury pays today for the same time to maturity.
| Issue | Coupon | Matures | Amount issued | Carrying value |
|---|---|---|---|---|
| Regions Bank 2024 Term Loan Facility | 5.92% | Feb 14, 2027 | – | $200.00M |
| Regions Bank 2024 Term Loan Facility due February 14.2027 | 5.74% | Feb 26, 2027 | – | $200.00M |
| 6.13% Delayed Draw Term Loan Facility Due March 27, 2028 | 5.79% | Mar 27, 2028 | – | $0 |
| Wells Fargo Bank, N.A., Variable due May 15, 2028 | 5.92% | May 15, 2028 | – | $58.00M |
| Term Loans with Wells Fargo due June 6, 2028 | 4.99% | Jun 6, 2028 | – | $12.11M |
| Bank of America, N.A, Variable due July 24, 2028 | 5.99% | Jul 24, 2028 | – | $383.43M |
| $125 Million Term Loan | 5.74% | – | $125.00M | $125.00M |
| $50 Million Delayed Draw Facility | – | – | $50.00M | – |
| $50 Million Delayed Draw Term Loan | – | – | $50.00M | – |
| 1.50% Convertible Senior Notes Convertible | 1.50% | – | $287.50M | $0 |
| Brickell Joint Venture Mortgage Loans | – | – | – | $58.00M |
| GIC Joint Venture Credit Facility and Term Loans | – | – | – | $651.08M |
| Joint Venture Term Loan | 235.00% | – | $410.00M | – |
| PACE Loan | 6.10% | – | – | $5.66M |
| Revolving debt | – | – | – | $130.00M |
| Term Loans | – | – | – | $475.00M |
| Term loans | – | – | – | $1.18B |
Companies tag their debt differently: some list every note, others group notes by issuance year or by type, so the list may not add up to total debt. Notes that matured before today are hidden. Source: 10-Q.
Credit facilities
Revolving credit lines and other committed borrowing capacity
| Facility | Size | Available | Drawn | Expires |
|---|---|---|---|---|
| 5.76% Delayed DrawTerm Loan Facility due March 31, 2028 | $325.00M | – | $275.00M | Mar 27, 2028 |
| $125 Million Revolver | $125.00M | – | $125.00M | – |
| $125 Million Term Loan | – | – | – | – |
| $200 Million Term Loan | $200.00M | – | $200.00M | – |
| $400 Million Revolver | $400.00M | – | $25.00M | – |
| 2018 Senior Credit Facility | $600.00M | $400.00M | $225.00M | – |
| 2025 Delayed Draw Term Loan | $325.00M | – | – | – |
| 2025 GIC Joint Venture Term Loan | $600.00M | – | $383.40M | – |
| 2026 Senior Credit Facility | $200.00M | $400.00M | $200.00M | – |
| Joint Venture Credit Facility | $500.00M | – | $709.08M | – |
| Non-recourse loan | $47.60M | – | $42.30M | – |