Wyndham Hotels & Resorts has announced the successful repricing of its $1.1 billion Senior Secured Term Loan B Facility, along with a $400 million upsize, which now matures in May 2030. The new interest rate is SOFR plus 1.75%, representing a 60 basis point reduction, with an issue price of 99.875%, the tightest in the SOFR era. This move is expected to generate annual interest savings of approximately $6 million, with no changes to the company’s maturities or covenants.