Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.98
Hyatt Hotels Corp incurred term loan of $1.7 billion with Bank of America, N.A., JPMorgan Chase Bank, N.A., Wells Fargo Bank, N.A. at base rate plus a range of 0.000% to 0.425% per annum, depending on Hyatt's debt maturing matures on the third anniversary of the date that the loans thereunder are funded.
- Instrument
- term loan
- Principal
- $1.7 billion
- Counterparty
- Bank of America, N.A., JPMorgan Chase Bank, N.A., Wells Fargo Bank, N.A.
- Rate
- base rate plus a range of 0.000% to 0.425% per annum, depending on Hyatt's debt
- Maturity
- matures on the third anniversary of the date that the loans thereunder are funded
- Event
- incurrence
Exact text from the filing
On June 11, 2025, Hyatt borrowed $1.7 billion of DDTL Loans under the Delayed Draw Term Loan Facility to finance the acquisition of Playa, repay certain indebtedness of Playa and its subsidiaries in connection with such acquisition and to pay related fees and expenses.
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.99
Hyatt Hotels Corp completed an acquisition involving Playa Hotels & Resorts N.V. for purchase price of $13.50 per Share payable in cash (closed 2025-06-11).
- Action
- acquisition
- Counterparty
- Playa Hotels & Resorts N.V.
- Consideration
- purchase price of $13.50 per Share payable in cash
- Closing
- 2025-06-11
Exact text from the filing
owned subsidiary of Hyatt (“ Buyer ”), to purchase all of the issued and outstanding ordinary shares, par value €0.10 per share, of Playa (“ Shares ”) at a purchase price of $13.50 per Share payable in cash (the “ Offer Consideration ”), less applicable withholding taxes and without interest, upon the terms and subject to the conditions set forth in the
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