Simpson Thacher represented the underwriters, led by Goldman Sachs & Co. LLC, BofA Securities, and J.P. Morgan in a registered public offering by Hyatt Hotels Corporation (NYSE: H) of $900 million aggregate principal amount of Senior Notes, consisting of $450 million aggregate principal amount of 5.375% Senior Notes due 2025 and $450 million aggregate principal amount of 5.75% Senior Notes due 2030.
Hyatt is a global hospitality company with a portfolio of widely recognized, industry-leading brands. Hyatt’s subsidiaries develop, own, operate, manage, franchise, license or provide services to a portfolio of properties, consisting of hotels, resorts and other properties, including branded spas and fitness studios, timeshare, fractional and other forms of residential, vacation and condominium ownership units.
The Simpson Thacher team for the offering included John C. Ericson, Ashley Yoon and Brian Kloeblen (Capital Markets); Jonathan Cantor and Jacqueline Clinton (Tax); Monisha Bhayana (Executive Compensation and Employee Benefits); Adeeb Fadil and Noreen Lavan (Environmental); and Jennie Getsin (Blue Sky).