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This document serves as a Notice of Guaranteed Delivery for holders to tender their 7.500% Senior Notes due 2025 issued by Park Intermediate Holdings LLC, PK Domestic Property LLC, and PK Finance Co-Issuer Inc. The notice details the procedures required for acceptance of the Tender Offer set forth in the associated Offer to Purchase dated May 2, 2024.
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A notice of guaranteed delivery is a document used in securities transactions that allows a buyer to confirm their intent to purchase securities, ensuring that they will deliver the payment or the securities within a specified timeframe.
Individuals or entities involved in the purchase of securities that require a guarantee of delivery, typically buyers, are required to file a notice of guaranteed delivery.
To fill out a notice of guaranteed delivery, provide the name of the issuer, the amount of securities being purchased, the name of the buyer, and the details of the transaction including the scheduled delivery date.
The purpose of a notice of guaranteed delivery is to provide assurance to the seller that payment or securities will be delivered in a timely manner, thus facilitating the transaction.
The notice must report the name of the buyer, details of the securities being purchased, the issuer's name, the transaction date, and the deadlines for delivery.
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