---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-026673"
form_type: "8-K"
ticker: "WH"
cik: "0001722684"
company_name: "WYNDHAM HOTELS & RESORTS, INC."
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T14:43:02.235856+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wyndham closes $1.14B term loan refinancing, extends maturity to 2030

## Summary
- New $1.144B Senior Secured Term Loan B matures May 2030, replacing Term Loan B due 2025.
- Interest rate set at SOFR + 2.25% with 0.10% credit spread adjustment; issued at 99.5%.
- Upsized by ~$400M due to strong investor demand; weighted average maturity extended from 3.2 to 6.0 years.
- Company received investment-grade rating on senior secured debt from Fitch Ratings Inc.
- Proceeds used to repay all outstanding Term Loan B due 2025; next material debt maturity now 2027.

## SEC filing metadata
- accession: 0001140361-23-026673
- form_type: 8-K
- ticker: WH
- cik: 0001722684
- company_name: WYNDHAM HOTELS & RESORTS, INC.
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722684/000114036123026673/0001140361-23-026673-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722684/000114036123026673/brhc20053478_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-026673
- JSON: https://secwatch.observer/filing/0001140361-23-026673.json
- Plain text: https://secwatch.observer/filing/0001140361-23-026673.txt

## Key facts
- Debt Financings
  WYNDHAM HOTELS & RESORTS, INC. incurred term loan of $1,144,000,000 with Bank of America, N.A. at Term SOFR, inclusive of the SOFR Adjustment (defined as 0.10% per annum in the C maturing will mature on May 25, 2030.
  - Instrument: term loan
  - Principal: $1,144,000,000
  - Counterparty: Bank of America, N.A.
  - Rate: Term SOFR, inclusive of the SOFR Adjustment (defined as 0.10% per annum in the C
  - Maturity: will mature on May 25, 2030
  - Event: incurrence
  source text: The Amendment, among other things, provides for a new tranche of term loans in an aggregate principal amount of $1,144,000,000 (the “ 2023 Term Loans ”), which was issued with an original issue discount of 99.5%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722684/000114036123026673/0001140361-23-026673-index.htm
- Material Agreements
  WYNDHAM HOTELS & RESORTS, INC. amended Fourth Amendment to the Credit Agreement dated May 30, 2018 with Bank of America, N.A. valued at New tranche of term loans in aggregate principal amount of $1,144,000,000, issued with original issu (effective 2023-05-25).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: New tranche of term loans in aggregate principal amount of $1,144,000,000, issued with original issu
  - Effective: 2023-05-25
  source text: On May 25, 2023 (the “ Closing Date ”), Wyndham Hotels & Resorts, Inc. (the “ Company ”) entered into a Fourth Amendment to the Credit Agreement dated May 30, 2018 (the “ Amendment ”), with Bank of America, N.A., as administrative agent, the several lenders from time to time party thereto, and the other parties thereto (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “ Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722684/000114036123026673/0001140361-23-026673-index.htm

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