Hyatt Hotels completes preferred equity investment and financing in luxury hotel and resort property in Latin America

Client(s) Hyatt Hotels Corporation

Jones Day represented Hyatt Hotels Corporation, an American multinational owner, operator, and franchiser of hotels, resorts, and vacation properties, in connection with a series of corporate transactions effecting the purchase, sale, and recapitalization of a significant luxury hotel and resort property in Latin America, including a preferred equity investment and financing by a wholly-owned subsidiary of Hyatt in the acquiror (and controlling owner) of the resort property; a refinancing of the resort property's existing senior secured bank debt with an international financial institution; the acquisition by the new controlling owner of the resort property; and certain related commercial arrangements between Hyatt and the new controlling owner of the resort property.