Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Park Hotels & Resorts Inc. incurred senior notes of $550 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.000% per annum maturing February 1, 2030.
- Instrument
- senior notes
- Principal
- $550 million aggregate principal amount
- Counterparty
- U.S. Bank Trust Company, National Association
- Rate
- 7.000% per annum
- Maturity
- February 1, 2030
- Event
- incurrence
Exact text from the filing
On May 16, 2024, Park Intermediate Holdings LLC (“PIH”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (“Corporate Co-Issuer” and, together with PK Domestic LLC, the “Co-Issuers” and, the Co-Issuers together with PIH, the “Issuers”), direct and indirect subsidiaries of Park Hotels & Resorts Inc. (the “Company”), issued $550 million aggregate principal amount of 7.000% senior notes due 2030 (the “Notes”) under an indenture (the “Indenture”), dated as of May 16, 2024, among the Issuers, the Company, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Park Hotels & Resorts Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $550 million aggregate principal amount of 7.000% senior notes due 2030 (effective 2024-05-16).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $550 million aggregate principal amount of 7.000% senior notes due 2030
- Effective
- 2024-05-16
Exact text from the filing
7.000% Senior Notes Due 2030 On May 16, 2024, Park Intermediate Holdings LLC (“PIH”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (“Corporate Co-Issuer” and, together with PK Domestic LLC, the “Co-Issuers” and, the Co-Issuers together with PIH, the “Issuers”), direct and indirect subsidiaries of Park Hotels & Resorts Inc. (the “Company”), issued $550 million aggregate principal amount of 7.000% senior notes due 2030 (the “Notes”) under an indenture (the “Indenture”), dated as of May 16, 2024, among the Issuers, the Company, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).
View on SEC.gov