---
schema_version: "secwatch.filing_event.v1"
accession: "0001617406-24-000045"
form_type: "8-K"
ticker: "PK"
cik: "0001617406"
company_name: "Park Hotels & Resorts Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:33:31.495744+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Park Hotels launches $450M senior notes offering and tender for $650M 7.5% notes due 2025

## Summary
- Issuers to offer $450M aggregate principal amount of senior notes due 2030 to refinance 2025 notes.
- Concurrent cash tender offer for any and all outstanding $650M 7.500% senior notes due 2025.
- Tender offer expires May 13, 2024; settlement expected May 16, 2024; Financing Condition requires at least $650M debt financing.
- Proceeds from notes and a new unsecured term loan will fund the tender offer, redemption of untendered notes, and fees.
- Notes offered only to QIBs and non-U.S. persons under Rule 144A/Regulation S; not registered under Securities Act.

## SEC filing metadata
- accession: 0001617406-24-000045
- form_type: 8-K
- ticker: PK
- cik: 0001617406
- company_name: Park Hotels & Resorts Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617406/000161740624000045/0001617406-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617406/000161740624000045/pk-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617406-24-000045
- JSON: https://secwatch.observer/filing/0001617406-24-000045.json
- Plain text: https://secwatch.observer/filing/0001617406-24-000045.txt

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