{"filing":{"accession_number":"0001497645-26-000054","cik":"0001497645","ticker":"INN-PF","company_name":"Summit Hotel Properties, Inc.","form":"8-K","filing_date":"2026-06-30","report_date":null,"primary_document":"inn-20260629.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1497645/000149764526000054/inn-20260629.htm"},"events":[{"id":15148,"run_id":13517,"accession_number":"0001497645-26-000054","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Summit Hotel Properties entered into a $650 million senior unsecured credit facility on June 29, 2026, comprising a $400 million revolving credit facility, a $200 million term loan, and a $50 million delayed draw term loan facility, representing a refinancing of the prior credit facility.","company_name":"Summit Hotel Properties, Inc.","ticker":"INN-PF","filing_date":"2026-06-30","form":"8-K","submitted_at":null,"items":[{"id":12808,"accession_number":"0001497645-26-000054","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Summit Hotel Properties entered into a $650 million senior unsecured credit facility on June 29, 2026, comprising a $400 million revolving credit facility, a $200 million term loan, and a $50 million delayed draw term loan facility. This represents the creation of a new direct financial obligation and refinancing of the prior credit facility. The disclosure of detailed terms, covenants, and borrowing conditions is characteristic of a material debt issuance under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:32:59.281165+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12809,"accession_number":"0001497645-26-000054","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The filing incorporates by reference Item 1.01 (Business Combination or Complex Restructuring), suggesting a material debt or financing arrangement was entered into. This is a debt issuance or credit facility event, material to investors assessing the registrant's capital structure and leverage.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:32:59.281165+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":12808,"accession_number":"0001497645-26-000054","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Summit Hotel Properties entered into a $650 million senior unsecured credit facility on June 29, 2026, comprising a $400 million revolving credit facility, a $200 million term loan, and a $50 million delayed draw term loan facility. This represents the creation of a new direct financial obligation and refinancing of the prior credit facility. The disclosure of detailed terms, covenants, and borrowing conditions is characteristic of a material debt issuance under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:32:59.281165+00:00","company_name":"Summit Hotel Properties, Inc.","ticker":"INN-PF","filing_date":"2026-06-30"},{"id":12809,"accession_number":"0001497645-26-000054","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses creation of a direct financial obligation. The filing incorporates by reference Item 1.01 (Business Combination or Complex Restructuring), suggesting a material debt or financing arrangement was entered into. This is a debt issuance or credit facility event, material to investors assessing the registrant's capital structure and leverage.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T02:32:59.281165+00:00","company_name":"Summit Hotel Properties, Inc.","ticker":"INN-PF","filing_date":"2026-06-30"}]}