TYSONS, Va., May 16, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park") (NYSE:PK) announced today the expiration of and the final results for the previously announced offer to purchase for cash (the "Tender Offer") commenced by Park's subsidiaries, Park Intermediate Holdings LLC, a Delaware limited liability (the "Company"), PK Domestic Property LLC, a Delaware limited liability company, and PK Finance Co-Issuer Inc., a Delaware corporation (collectively, the "Issuers"), for any and all of their outstanding 7.500% Senior Notes due 2025 (the "Notes"). The Tender Offer expired at 5:00 p.m., New York City time, on May 13, 2024 (the "Expiration Time"). On May 16, 2024, the Issuers purchased $311,473,000 in principal amount of the Notes that were validly tendered and not validly withdrawn or with respect to which a properly completed and duly executed Notice of Guaranteed Delivery was delivered at or prior to the Expiration Time. According to information received from Global Bondholder Services Corporation, the Tender and Information Agent for the Tender Offer, the following table sets forth details regarding the total aggregate principal amount of the Notes validly tendered and not validly withdrawn or with respect to which a properly completed and duly executed Notice of Guaranteed Delivery was delivered at or prior to the Expiration Time and the principal amount of the Notes that will be accepted for purchase by the Issuers today: Title of Security   CUSIP Numbers/ISINs:   Principal Amount Outstanding   Principal Amount Tendered