---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-116442"
form_type: "8-K"
ticker: "H"
cik: "0001468174"
company_name: "Hyatt Hotels Corp"
filed_at: "2025-11-26T23:59:59+00:00"
generated_at: "2026-05-16T16:27:08.828948+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-116442
- form_type: 8-K
- ticker: H
- cik: 0001468174
- company_name: Hyatt Hotels Corp
- filed_at: 2025-11-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468174/000110465925116442/0001104659-25-116442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468174/000110465925116442/tm2532262d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-116442
- JSON: https://secwatch.observer/filing/0001104659-25-116442.json
- Plain text: https://secwatch.observer/filing/0001104659-25-116442.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468174/000110465925116442/0001104659-25-116442-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.