Davidson Kempner Capital Management Lp - Nov 6, 2024 Form 3 Insider Report for Playa Hotels & Resorts N.V. (PLYA)

Role: 10%+ Owner
Signature: /s/ M.H. Davidson & Co., By: M.H. Davidson & Co. GP, L.L.C., its general partner, By: Davidson Kempner Liquid GP Topco LLC, its managing member, By: Anthony A. Yoseloff, its Executive Managing Member
Stock symbol: PLYA
Transactions as of: Nov 6, 2024
Transactions value $: $0
Form type: 3
Date filed: 11/13/2024, 04:15 PM
Previous filing: Oct 31, 2024
Next filing: Nov 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PLYA	Ordinary Shares, EUR 0.10 par value per share						12.2M	Nov 6, 2024	See footnotes	F1, F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	PLYA	Notional Derivative Agreements (obligation to buy)							Nov 6, 2024	Ordinary Shares	3.38M		See footnotes	F1, F4, F5, F6
holding	PLYA	Notional Derivative Agreements (obligation to buy)							Nov 6, 2024	Ordinary Shares	116K		See footnotes	F2, F4, F5, F7
holding	PLYA	Notional Derivative Agreements (obligation to buy)							Nov 6, 2024	Ordinary Shares	4.02M		See footnotes	F3, F4, F5, F8
holding	PLYA	Notional Derivative Agreements (obligation to buy)							Nov 6, 2024	Ordinary Shares	84.4K		See footnotes	F2, F4, F5, F9
holding	PLYA	Notional Derivative Agreements (obligation to buy)							Nov 6, 2024	Ordinary Shares	2.72M		See footnotes	F3, F4, F5, F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities reported on this line are held directly by DKLDO V Trading Subsidiary LP, a Cayman Islands exempted limited partnership ("DKLDO V"). Davidson Kempner Long-Term Distressed Opportunities GP V LLC, a Delaware limited liability company ("DKLDO GP V"), is the general partner of DKLDO V and Davidson Kempner Drawdown GP Topco LLC, a Delaware limited liability company, is the managing member of DKLDO GP V.
F2	The securities reported on this line are held directly by M.H. Davidson & Co., a New York limited partnership ("CO"). M.H. Davidson & Co. GP, L.L.C., a Delaware limited liability company ("CO GP"), is the general partner of CO and Davidson Kempner Liquid GP Topco LLC, a Delaware limited liability company ("Liquid GP Topco"), is the managing member of CO GP.
F3	3The securities reported on this line are held directly by Davidson Kempner Opportunistic Credit LP, a Cayman Islands exempted limited partnership ("DKOPPC" and together with DKLDO V and CO, the "DK Funds"). Davidson Kempner Opportunistic Credit GP LLC, a Delaware limited liability company ("DKOPPC GP"), is the general partner of DKOPPC and Davidson Kempner Liquid GP Topco LLC, a Delaware limited liability company, is the managing member of DKOPPC GP.
F4	Davidson Kempner Capital Management LP ("DKCM"), a Delaware limited partnership and a registered investment adviser with the U.S. Securities and Exchange Commission (the "SEC"), acts as investment manager to each of the DK Funds. DKCM GP LLC, a Delaware limited liability company, is the general partner of DKCM. The managing members of DKCM are Anthony A. Yoseloff, Conor Bastable, Shulamit Leviant, Morgan P. Blackwell, Patrick W. Dennis, Gabriel T. Schwartz, Zachary Z. Altschuler, Joshua D. Morris, Suzanne K. Gibbons, Gregory S. Feldman, Melanie Levine and James Li. Mr. Anthony A. Yoseloff, through DKCM, is responsible for the voting and investment decisions relating to the securities held by the DK Funds.
F5	The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.
F6	DKLDO V is a party to certain notional principal amount derivative agreements in the form of cash settled swaps with a reference price of $8.03. The derivative agreements shall continue until terminated as elected by the parties and currently have an initial reference termination date of July 21, 2025.
F7	CO is a party to certain notional principal amount derivative agreements in the form of cash settled swaps with a reference price of $7.32. The derivative agreements shall continue until terminated as elected by the parties and currently have an initial reference termination date of May 20, 2025.
F8	DKOPP is a party to certain notional principal amount derivative agreements in the form of cash settled swaps with a reference price of $7.32. The derivative agreements shall continue until terminated as elected by the parties and currently have an initial reference termination date of October 2, 2025.
F9	CO is a party to certain notional principal amount derivative agreements in the form of cash settled swaps with a reference price of $7.80. The derivative agreements shall continue until terminated as elected by the parties and currently have an initial reference termination date of October 28, 2025.
F10	DKOPP is a party to certain notional principal amount derivative agreements in the form of cash settled swaps with a reference price of $7.25. The derivative agreements shall continue until terminated as elected by the parties and currently have an initial reference termination date of October 4, 2028.