Wyndham reprices $1.1B Term Loan B, upsizes by $400M, saves ~$6M annually in interest

WYNDHAM HOTELS & RESORTS, INC.

Repriced existing $1.1B Term Loan B due May 2030 to SOFR+1.75% (60 bps reduction from prior rate).
Upsized facility by $400M to total $1.5B; proceeds for general corporate purposes including revolver repayment.
Annual interest expense savings of approximately $6 million from the repricing.
Strong investor demand allowed best-in-class pricing; Wells Fargo lead arranger with multiple joint bookrunners.

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