Wyndham Hotels prices $650 million senior notes offering

Wyndham Hotels & Resorts Inc. (NYSE: WH) announced the pricing of $650 million aggregate principal amount of 5.625% Senior Notes due 2033. The offering is expected to close on February 27, 2026, subject to customary closing and market conditions.

The company plans to use the net proceeds to repay all outstanding borrowings under its term loan A and revolving credit facility, pay related fees and expenses, and fund general corporate purposes. The notes will be guaranteed by certain domestic restricted subsidiaries that guarantee the company's existing credit facilities and outstanding notes.

The notes and related guarantees have not been registered under the Securities Act of 1933. The securities will be offered only to qualified institutional buyers under Rule 144A and to certain non-U.S. persons in offshore transactions under Regulation S of the Securities Act.

Wyndham Hotels & Resorts operates as the world's largest hotel franchising company by number of properties, with over 8,300 hotels across approximately 100 countries. The company manages a portfolio of 25 hotel brands and operates approximately 869,000 franchised and affiliated rooms focused on economy and midscale market segments.

The information is based on a company press release statement.

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