H · Hyatt Hotels Corporation filed a preliminary prospectus supplement for…

Hyatt Hotels Corporation filed a preliminary prospectus supplement for an underwritten offering of senior notes, the proceeds of which will be used to repay the $600 million 5.750% notes due January 30, 2027. The offering size, interest rate, maturity, and pricing are not yet specified, as the filing is preliminary and subject to completion. The filing follows Hyatt's Q3 2026 earnings release on October 29, 2026, where GAAP diluted EPS of $0.60 missed consensus of $0.77 due to $64 million in asset impairments.

• Hyatt filed a preliminary 424B5 prospectus supplement for an underwritten offering of senior notes.
• The offering size, interest rate, maturity date, and pricing are all placeholder values (TBD) in the preliminary filing.
• Proceeds will be used to repay all of the $600 million 5.750% senior notes due January 30, 2027.
• The filing is a takedown from the S-3ASR shelf registration filed on May 14, 2026.