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Park Hotels & Resorts Closes $550 Million Debt Offering
Park Hotels & Resorts (PK) said late Thursday it closed a $550 million offering of 7% senior notes due Feb. 1, 2030. The company plans to use the net proceeds, along with the proceeds of a new $200 mi
Press Release: Park Hotels & Resorts Announces Final Results of Tender Offer
Park Hotels & Resorts Inc. (NYSE: PK) announced today the expiration of and the final results for the previously announced offer to purchase for cash commenced by Park's subsidiaries, Park Intermediate Holdings LLC, a Delaware limited liability , PK Domestic Property LLC, a Delaware limited liability company, and PK Finance Co-Issuer Inc., a Delaware corporation , for any and all of their outstanding 7.500% Senior Notes due 2025.
Park Hotels & Resorts Inc Announces Closing of $550 Million of 7.000% Senior Notes Due 2030
Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE:PK) announced today that certain of its subsidiaries, Park Intermediate Holdings LLC (the "Operating Company"), PK Domestic Property LLC ("PK Domestic LLC") and PK Finance Co-Issuer Inc. (together with the Operating Company and PK Domestic LLC, the "Issuers"), completed the previously announced offering of $550 million aggregate principal amount of 7.000% senior notes due 2030 (the "Notes").
Park Hotels & Resorts Raised to Outperform From In-Line by Evercore ISI Group
Park Hotels & Resorts Raised to Outperform From In-Line by Evercore ISI Group
Evercore ISI Group Upgrades Park Hotels & Resorts to Outperform, Raises Price Target to $20
Evercore ISI Group analyst Richard Hightower upgrades Park Hotels & Resorts (NYSE:PK) from In-Line to Outperform and raises the price target from $19 to $20.
Park Hotels & Resorts Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/15/2024 21.73% Evercore ISI Group $19 → $20 Upgrades In-Line → Outperform 03/22/2024 21.73% Citigroup $