Park Hotels amends $2 billion credit facilities
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/31/2026
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil settles lower on clues about Fed policy, rumors of Hormuz deal
- Dollar jumps after Warsh comments, set for weekly gain
- McKesson reports cybersecurity incident affecting its information systems
- Mizuho is bullish on Broadcom ahead of Sept. 2 earnings, citing 30-quarter streak
- Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight
- BioNTech ends colorectal cancer mRNA therapy trial early
- Needham sees mature node semiconductor strength in latest tracker
Park Hotels & Resorts Inc. Completes Recast of $2 Billion Credit Facilities
September 17, 2025 4:15 PM EDTTYSONS, Va.--(BUSINESS WIRE)-- Park Hotels & Resorts Inc. (Park) (NYSE: PK) today announced that it has successfully amended and restated its existing credit agreement (as amended and restated, the Credit Agreement) to (i) increase total capacity under a senior secured revolving credit facility from $950 million to $1 billion (the Revolving Facility), (ii) extend the termination date of the Revolving Facility from December 1, 2026 to September 17, 2029, and (iii) add a new senior unsecured delayed draw term loan facility of up to $800 million, available in up to three draws for up to one year after closing, with a... More
