trending Market Intelligence /marketintelligence/en/news-insights/trending/FGCEnCHQxP8dmAfDGqf1rg2 content esgSubNav
In This List

Park Hotels & Resorts prices secondary offering

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends


Park Hotels & Resorts prices secondary offering

Park Hotels & Resorts Inc. announced the pricing for the secondary offering of 15 million shares initiated by certain Blackstone Group LP affiliates.

The price of the common stock was set at $26.15 apiece, with an expected closing date of June 7.

Park Hotels disclosed earlier that it will not receive any proceeds from the secondary offering as it did not offer any shares of common stock.

Goldman Sachs & Co. LLC serves as the offering's sole underwriter.