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Item 1.01.
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Entry into a Material Definitive Agreement.
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Amendment to the Credit Agreement
On October 16, 2025, Wyndham Hotels & Resorts, Inc. (the "Company") entered into a Sixth Amendment to the Credit Agreement dated May 30, 2018 (the "Amendment"), with Bank of America, N.A., as administrative agent, the several lenders from time to time party thereto, and the other parties thereto (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the "Credit Agreement"). All defined terms unless stated otherwise have the meanings set forth in the Credit Agreement.
The Amendment, among other things, extends the maturity of the existing $750 million revolving credit facility from April 2027 to October 2030 and increases the commitments thereunder to $1.0 billion (the "2025 Revolving Credit Facility"). Revolving Credit Loans under the 2025 Revolving Credit Facility will bear interest, at the Borrower's option, at a rate of (a) Term SOFR plus an applicable margin of 1.75%, subject to reductions to 1.50%, 1.25% and 1.00%, based on the Company's most recently reported First Lien Leverage Ratio or (b) Base Rate, plus an applicable margin of 0.75%, subject to reductions to 0.50%, 0.25% and 0.00%, based on the Company's most recently reported First Lien Leverage Ratio. The Amendment also removes the credit spread adjustment previously applicable to Revolving Credit Loans based on Term SOFR.
The foregoing summary description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of such Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K (this "Current Report") and is incorporated herein by reference.
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Item 2.03.
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Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
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The information included in Item 1.01 of this Current Report is incorporated by reference into this Item 2.03.
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