Park Hotels & Resorts Inc 8-K, filed Jun 3, 2024
Park Hotels & Resorts Inc. (PK)
8-K
2024-06-03
For: 2024-06-01
View Original
Added on
April 08, 2026
About this 8-K
Park Hotels & Resorts Inc filed this 8-K on June 3, 2024, reporting on events of June 1, 2024.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 1, 2024
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(Exact name of Registrant as Specified in Its Charter)
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
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Item 8.01 Other Events
On June 1, 2024, Park Hotels & Resorts Inc. (“Park”) completed the previously announced redemption of $338,527,000 aggregate principal amount of the 7.500% Senior Notes due 2025 (the “Notes”) issued by Park’s subsidiaries, Park Intermediate Holdings LLC, a Delaware limited liability company, PK Domestic Property LLC, a Delaware limited liability company, and PK Finance Co-Issuer Inc., a Delaware corporation (collectively, the “Issuers”), representing all of the outstanding Notes. The Notes were redeemed pursuant to the terms of an Indenture, dated as of May 29, 2020, as amended or supplemented, between the Issuers, Park, the other guarantors party thereto and The Bank of New York Mellon, as trustee, at a price equal to 100% of the principal amount of the Notes redeemed, plus accrued and unpaid interest up to, but excluding, June 1, 2024.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Park Hotels & Resorts Inc. | |||||||||||
Date: June 3, 2024 | By: | /s/ Sean M. Dell’Orto | |||||||||
| Sean M. Dell’Orto | |||||||||||
| Executive Vice President and Chief Financial Officer | |||||||||||