Hyatt Hotels aims to sell floater due 2022 via Deutsche Bank

By Devika Patel

Knoxville, Tenn., Aug. 26 – Hyatt Hotels Corp. intends to price floating-rate senior notes due 2022, according to a 424B5 filed with the Securities and Exchange Commission.

The notes are non-callable for the first year and are then callable at par.

Deutsche Bank Securities Inc. is the bookrunner.

Proceeds will be used for general corporate purposes.

Chicago-based Hyatt Hotels operates full-service hotels, resorts and residential and vacation properties.

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