Playa Hotels & Resorts N.V. Announces Closing of Warrant Exchange Offer
(WorldNews Netherlands)

FAIRFAX, Va., June 23, 2017 (GLOBE NEWSWIRE) -- Playa Hotels & Resorts N.V. (NASDAQ:PLYA) (the `Company`) today announced the closing of its previously announced warrant exchange offer (the `Offer`) and consent solicitation (the `Consent Solicitation`) relating to certain of its outstanding Warrants (as defined below). The offering period and related Consent Solicitation expired at 11:59 p.m. Eastern Daylight Time on June 19, 2017. Under the terms of the Offer, each holder of the Company`s warrants to purchase one-third of one ordinary share for a purchase price of one-third of $11.50, subject to adjustments (the `Warrants`), had the opportunity to receive 0.1 ordinary shares of the Company...