secwatch.observer — SEC 8-K summary
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Issuer:     Hyatt Hotels Corp (H)
CIK:        0001468174
Form:       8-K
Filed at:   2025-11-26T23:59:59+00:00
Accession:  0001104659-25-116442
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468174/000110465925116442/0001104659-25-116442-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468174/000110465925116442/tm2532262d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-116442

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer