This content is from: Innovation

Hyatt Hotels Raises $500M In Note Sale

Hyatt Hotels has raised $500 million through a sale of senior notes in two parts.

Hyatt Hotels has raised $500 million through a sale of senior notes in two parts, Reuters reports. The first tranche of $250 million notes, which carry a coupon rate of 3.875%, will mature on Aug. 15, 2016.

The second tranche of $250 million notes, carrying a coupon rate of 5.375%, will mature on Aug. 15, 2021. The joint book-runners for the issue were Deutsche Bank, Goldman Sachs, JPMorgan, Scotia Capital and UBS.

Click here for the story from Reuters.

Click here for additional coverage from RTT News.

Related Content