Park Hotels & Resorts Inc. Successfully Repays the $1.275 Billion CMBS Loan Secured by the Hilton Hawaiian Village Resort

TYSONS, Va.–(BUSINESS WIRE)—- $PK–Park Hotels & Resorts Inc. (“Park”) (NYSE: PK) today announced that it has successfully repaid the $1.275 billion CMBS loan secured by the Hilton Hawaiian Village Waikiki Beach Resort (“HHV Mortgage Loan”). The repayment was funded with proceeds from Park’s $700 million delayed-draw Bonnet Creek mortgage financing and a $600 million draw from its delayed-draw term loan facility. The HHV Mortgage Loan was scheduled to mature on November 1, 2026. Following the tr

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