Exhibit 99.1
CONTACT
| | |
Investors: | | Media: |
Atish Shah | | Farley Kern |
Hyatt Hotels Corporation | | Hyatt Hotels Corporation |
312.780.5427 | | 312.780.5506 |
atish.shah@hyatt.com | | farley.kern@hyatt.com |
HYATT SECURES EXTENDED REVOLVING CREDIT FACILITY
CHICAGO (January 6, 2014) – Hyatt Hotels Corporation (NYSE: H) announced today that it has entered into a second amended and restated credit agreement with a syndicate of lenders that provides for a $1.5 billion senior unsecured revolving credit facility that matures in January 2019. This restates its existing $1.5 billion facility which had been scheduled to mature in September 2016.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Company’s subsidiaries manage, franchise, own and develop hotels and resorts under theHyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® andHyatt House® brand names and have locations on six continents.Hyatt Residential Group, Inc., aHyatt Hotels Corporation subsidiary, develops, operates, markets or licensesHyatt ResidencesTM andHyatt Residence ClubTM. As of September 30, 2013, the Company’s worldwide portfolio consisted of 535 properties in 47 countries. For more information, please visitwww.hyatt.com.
