Park Hotels & Resorts Inc

NYSE:PK   3:59:59 PM EDT
21.56
-0.50 (-2.27%)
Debt Financing / Related

Park Hotels & Resorts Says Certain Units Intend To Offer $650 Million Of Senior Secured Notes Due 2028

Published: 09/14/2020 12:41 GMT
Park Hotels & Resorts Inc (PK) - Park Hotels & Resorts Inc. Announces Senior Secured Notes Offering.
Park Hotels & Resorts Ic - Certain of Its Subsidiaries Intend to Offer $650 Million of Senior Secured Notes Due 2028.
Park Hotels & Resorts - Issuers Intend to Use Proceeds of Offering to Repay Co's Existing $631 Million Term Loan Maturing in Dec 2021 in Full.
Park Hotels & Resorts - Will Use Any Remaining Proceeds to Repay Amounts Outstanding Under Co's Revolving Credit Facility.