05:30 PM EDT, 06/03/2024 (MT Newswires) -- Hyatt Hotels ( H ) said late Monday it priced an $800 million public offering of two series of its senior notes.

The offering comprises $450 million of 5.25% notes due 2029 and $350 million of 5.5% notes due 2034.

The company expects the offering to close June 17 and plans to use the net proceeds to fully repay its 1.8% notes due 2024, among other things.

Hyatt shares were down 1.4% in after-hours activity.

Price: 142.32, Change: -2.05, Percent Change: -1.42