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Hyatt To Redeem Senior Notes due 2015

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April 15, 2013

Hyatt To Redeem Senior Notes due 2015

CHICAGO–(BUSINESS WIRE)–Apr. 15, 2013–

Hyatt Hotels Corporation?(?Hyatt? or the ?Company?) (NYSE: H) today announced that on?May 10, 2013, it will redeem all of its outstanding 5.750% senior notes due 2015 (the ?Notes?), of which an aggregate principal amount of?$250 million?is currently outstanding.

In accordance with the terms of the Notes, the redemption price, as calculated by the Quotation Agent (as defined in the indenture governing the Notes), will be?$281,189,097.22. The redemption price is equal to the sum of the present values of the remaining scheduled payments of principal and interest on the Notes from?May 10, 2013?to?August 15, 2015?(except for accrued but unpaid interest), discounted to?May 10, 2013?on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the indenture governing the Notes) plus 50 basis points, plus accrued but unpaid interest on the Notes to, but not including,?May 10, 2013.

Source: Hyatt Hotels Corp

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