Hyatt issues $400M 5.400% senior notes due 2035, redeems 2026 notes

Hyatt Hotels Corp

Issued $400M 5.400% senior notes due 2035; net proceeds ~$396.2M after discounts.
Proceeds to redeem all $400M of 4.850% notes due 2026; redemption date Dec 15, 2025.
New notes rank equal with unsecured unsubordinated debt; structurally subordinated to subsidiary liabilities.
Change of control puts at 101% of principal; make-whole redemption at Treasury rate +20 bps prior to Sept 2035.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.85

Hyatt Hotels Corp entered into Underwriting Agreement with Underwriters valued at Underwriters' discounts and estimated offering expenses payable by the Company (effective 2025-11-26).

Action: entry
Agreement: underwriting
Counterparty: Underwriters
Value: Underwriters' discounts and estimated offering expenses payable by the Company
Effective: 2025-11-26

Exact text from the filing

The Company received net proceeds from the Offering of approximately $396.2 million, after deducting underwriters’ discounts and estimated offering expenses payable by the Company.

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Hyatt Hotels Corp filing history →

Source: SEC EDGAR

accession 0001104659-25-116442

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