Hilton Worldwide Holdings Inc.
Hilton Announces $1 Billion Senior Notes Offering
Summary
On September 5, 2024, Hilton Worldwide Holdings Inc. announced the launch and pricing of a $1 billion senior notes offering by its subsidiary Hilton Domestic Operating Company Inc. The notes, due 2033, are intended to be used for general corporate purposes. The offering was made in reliance on Rule 144A and Regulation S exemptions. The notes bear interest at a rate of 5.875% per annum, payable semi-annually. Hilton Domestic Operating Company Inc. will guarantee the notes on a senior unsecured basis.
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Exhibits (3)
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About Hilton Worldwide Holdings Inc.
Hilton Worldwide Holdings Inc. is a prominent global hospitality company known for its expansive network of hotels and resorts. The primary function of Hilton is to provide high-quality lodging services across diverse segments, catering to both leisure and business travelers. With a portfolio that spans luxury, full-service, and budget accommodations, Hilton operates under several flagship brands such as Waldorf Astoria, Conrad, Hilton Hotels & Resorts, and Hampton by Hilton. By leveraging an extensive franchise model and strategic partnerships, Hilton ensures widespread presence in key markets globally. Founded in 1919, Hilton plays a significant role in the travel and tourism industry, drawing guests from around the world and contributing to local economies through job creation and tourism development. Hilton's ability to adapt to evolving consumer preferences, its focus on customer experience, and its innovation in hospitality technology underscore its influential position in the global hotel market.
Official SEC Documents
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