Hyatt Hotels issues $400 million in senior notes
H•Hyatt Hotels issued $400 million of 5.95% senior notes due November 15, 2033, and received approximately $395.3 million in net proceeds. It plans to use the proceeds and excess cash to repay all 5.75% notes at their January 30, 2027, maturity and for general corporate purposes.
1. Note offering
Hyatt Hotels issued $400 million of 5.95% senior notes due November 15, 2033, on November 12, 2026. Net proceeds were approximately $395.3 million after underwriting discounts and estimated offering expenses.
2. Use of proceeds
The company plans to use the proceeds and excess cash to repay all of its 5.75% notes at their January 30, 2027, maturity and to fund general corporate purposes.
