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Hyatt Secures Extended Revolving Credit Facility

By: Hyatt Hotels Corporation |  0 Shares     51 Reads

CHICAGO - January 06, 2014 - (BUSINESS WIRE) - Hyatt Hotels Corporation (NYSE: H) announced today that it has entered into a second amended and restated credit agreement with a syndicate of lenders that provides for a $1.5 billion senior unsecured revolving credit facility that matures in January 2019. This restates its existing $1.5 billion facility which had been scheduled to mature in September 2016.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Company's subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt House® brand names and have locations on six continents. Hyatt Residential Group, Inc., a Hyatt Hotels Corporation subsidiary, develops, operates, markets or licenses Hyatt ResidencesTM and Hyatt Residence ClubTM. As of September 30, 2013, the Company's worldwide portfolio consisted of 535 properties in 47 countries. For more information, please visit www.hyatt.com.

Contacts:

Hyatt Hotels Corporation

Investors
Atish Shah
312.780.5427
atish.shah@hyatt.com

Hyatt Hotels Corporation

Media
Farley Kern
312.780.5506
farley.kern@hyatt.com

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