Hyatt Announces Pricing of Public Offering of Senior Notes
HyattHyatt(US:H) Businesswire·2025-11-18 01:17

Core Points - Hyatt Hotels Corporation announced the pricing of a public offering of $400 million in senior notes due 2035, with a fixed annual interest rate of 5.400% [1] - The offering is expected to close on November 26, 2025, subject to customary closing conditions [1] - The net proceeds will be used to repay the Company's 4.850% notes due 2026 and for general corporate purposes if any net proceeds remain [2] Offering Details - The offering is made under a shelf registration statement on Form S-3, which became effective on August 30, 2023 [4] - Deutsche Bank Securities, PNC Capital Markets LLC, and Scotiabank are acting as representatives of the underwriters and joint book-running managers for the offering [3] Company Overview - Hyatt Hotels Corporation, headquartered in Chicago, operates over 1,450 hotels and all-inclusive properties in 82 countries as of September 30, 2025 [6] - The Company offers a diverse portfolio of brands across various categories, including Luxury, Lifestyle, Inclusive, Classics, and Essentials [6]