Hilton Worldwide Holdings Inc. announced the launch of a Senior Notes Offering.
The offering includes $1 billion aggregate principal amount of Senior Notes due 2034.
Proceeds will be used for redeeming outstanding Senior Notes due 2028 and general corporate purposes.
Offer Details
$1 billion Senior Notes due 2034 offering announced.
Use of Proceeds
Redeem $500 million outstanding 5.750% Senior Notes due 2028 and cover related fees and expenses.
Registration
Notes not registered under Securities Act of 1933; offered through specific exemptions.
- The offering provides Hilton with capital for strategic financial actions.
- Redeeming previous notes can streamline the company's debt structure.
Hilton's Senior Notes Offering demonstrates strategic financial planning and debt management, bolstering the company's financial position for future growth opportunities.