Park Hotels & Resorts Files Current Report

Ticker: PK · Form: 8-K · Filed: Sep 17, 2025 · CIK: 1617406

Sentiment: neutral

Topics: sec-filing, current-report

Related Tickers: PK

TL;DR

PK filed an 8-K on 9/17/25, just a routine update.

AI Summary

Park Hotels & Resorts Inc. filed an 8-K on September 17, 2025, to report current information. The filing primarily serves as a notification of a material event, with no specific financial transactions or significant business updates detailed within the provided excerpt. The company's common stock is registered on the New York Stock Exchange under the ticker symbol PK.

Why It Matters

This filing indicates a routine update or notification to the SEC, suggesting no immediate material change in the company's operations or financial status based on this report alone.

Risk Assessment

Risk Level: low — This filing is a standard current report (8-K) and does not contain specific financial or operational disclosures that would indicate elevated risk.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing?

This 8-K filing is a Current Report filed by Park Hotels & Resorts Inc. to report information deemed material to stockholders under Section 13 or 15(d) of the Securities Exchange Act of 1934.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on September 17, 2025.

What is the ticker symbol for Park Hotels & Resorts Inc. common stock?

The ticker symbol for Park Hotels & Resorts Inc. common stock is PK.

On which exchange is Park Hotels & Resorts Inc. common stock traded?

Park Hotels & Resorts Inc. common stock is traded on the New York Stock Exchange.

Does this filing indicate any specific financial transactions or business updates?

Based on the provided excerpt, this filing is a standard 8-K notification and does not detail specific financial transactions or significant business updates.

Filing Stats: 1,665 words · 7 min read · ~6 pages · Grade level 11.9 · Accepted 2025-09-17 16:19:57

Key Financial Figures

Filing Documents

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On September 17, 2025 (the "Closing Date"), Park Hotels & Resorts Inc., a Delaware corporation (the "Company"), as parent, and Park Intermediate Holdings LLC, a Delaware limited liability company and direct subsidiary of the Company (the "Borrower"), as borrower, entered into a Second Amended and Restated Credit Agreement (the "Credit Agreement") with Wells Fargo Bank, National Association, as administrative agent (the "Administrative Agent"), and the financial institutions party thereto as lenders. The Credit Agreement provides for (i) a senior unsecured revolving credit facility with aggregate commitments of $1 billion (the "Revolving Facility"), (ii) a senior unsecured term loan in an original principal amount of $200 million incurred on May 16, 2024 (the "2024 Term Loan") and (iii) a senior unsecured delayed draw term loan facility in a maximum principal amount of up to $800 million, available in up to three draws from the Closing Date to the first anniversary of the Closing Date (the "2025 Term Facility", and together with the Revolving Facility and the 2024 Term Loan, the "Credit Facilities"). The Borrower intends to draw the delayed draw term loan facility in 2026 to refinance other outstanding indebtedness. The Credit Agreement amends and restates that certain Amended and Restated Credit Agreement, dated as of December 1, 2022 (as amended and supplemented from time to time, the "Existing Credit Agreement"), among the Company, the Borrower, PK Domestic Property LLC, the Administrative Agent and the financial institutions party thereto as lenders, which provided for aggregate revolving loan commitments of $950 million with a scheduled maturity date of December 1, 2026 and the 2024 Term Loan with a scheduled maturity date of May 14, 2027. The Credit Agreement includes the option to increase the Revolving Facility and increase or add new term loans under the Credit Agreement by up to $1 billion in the ag

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1 Second Amended and Restated Credit Agreement, dated as of September 17, 2025, by and among Park Hotels & Resorts Inc., Park Intermediate Holdings LLC, Wells Fargo Bank, National Association, as administrative agent, and the financial institutions party thereto as lenders and agents. 99.1 Press release, dated September 17, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Park Hotels & Resorts Inc. Date: September 17, 2025 By: /s/ Sean M. Dell'Orto Sean M. Dell'Orto Executive Vice President, Chief Financial Officer and Treasurer

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