Wyndham Hotels & Resorts, Inc. entered into a Seventh Supplemental Indenture on February 27, 2026, issuing $650 million of 5.625% senior notes due 2033 to repay term loan A and revolving credit facility borrowings, pay fees, and for general corporate purposes.
Key takeaways
Issued $650,000,000 aggregate principal 5.625% senior notes due 2033 on February 27, 2026
Interest payable semi-annually on March 1 and September 1, commencing September 1, 2026
Net proceeds used to repay all outstanding term loan A and revolving credit facility borrowings
Notes are senior unsecured, guaranteed by certain domestic wholly owned restricted subsidiaries
Redeemable prior to March 1, 2029 at make-whole price or 40% with equity proceeds; after at specified premiums
Change of Control requires repurchase offer at 101% of principal