{"schema_version":"secwatch.filing_event.v1","accession":"0001617406-26-000045","form_type":"8-K","ticker":"PK","cik":"0001617406","company_name":"Park Hotels & Resorts Inc.","filed_at":"2026-09-30T20:25:20+00:00","discovered_at":"2026-09-30T20:26:00.209229+00:00","generated_at":"2026-10-12T14:06:25.653296+00:00","sec_items":["1.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Park Hotels repays $1.275B HHV Mortgage Loan using $700M Bonnet Creek loan, $600M term-loan draw","bullets":["Park Hotels repaid in full the $1.275B outstanding HHV Mortgage Loan secured by Hilton Hawaiian Village Waikiki Beach Resort, terminating the loan agreement dated October 24, 2016.","Repayment funded with proceeds from a previously disclosed $700M delayed-draw Bonnet Creek mortgage financing plus a $600M draw on the previously disclosed unsecured delayed-draw term loan facility.","The HHV loan had a scheduled maturity of November 1, 2026; the payoff occurred September 30, 2026, roughly one month ahead of that date.","Combined new funding of $1.3B slightly exceeds the $1.275B repaid, shifting the Hawaiian Village asset from secured mortgage debt to Bonnet Creek mortgage and unsecured term-loan obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001617406-26-000045","json":"https://secwatch.observer/filing/0001617406-26-000045.json","markdown":"https://secwatch.observer/filing/0001617406-26-000045.md","text":"https://secwatch.observer/filing/0001617406-26-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617406/000161740626000045/0001617406-26-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617406/000161740626000045/pk-20260930.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:06:25.653296+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}