A&K Travel Group Holdings Ltd., the parent company of luxury travel operator Abercrombie & Kent, has priced $700 million in senior notes due 2033, according to a filing with the U.S. Securities and Exchange Commission (SEC) dated April 30, 2026. The notes carry an interest rate of 8.250% and are set to mature on May 1, 2033.
The offering was conducted under Rule 144A and Regulation S, targeting qualified institutional buyers and non-U.S. persons. Net proceeds are intended for general corporate purposes, including potential debt repayment and working capital needs, as stated in the filing.
This issuance follows the company's earlier $500 million senior notes due 2031, priced in March 2025. The new notes are unsecured and rank equally with existing senior debt. The transaction is expected to close on May 5, 2026, subject to customary conditions.
