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Hyatt Hotels Raises $500M In Note Sale
Hyatt Hotels has raised $500 million through a sale of senior notes in two parts.
Hyatt Hotelshas raised $500 million through a sale of senior notes in two parts,Reutersreports. The first tranche of $250 million notes, which carry a coupon rate of 3.875%, will mature on Aug. 15, 2016.
The second tranche of $250 million notes, carrying a coupon rate of 5.375%, will mature on Aug. 15, 2021. The joint book-runners for the issue wereDeutsche Bank,Goldman Sachs,JPMorgan,Scotia CapitalandUBS.
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