The Firm represented Hilton Worldwide Holdings Inc. (NYSE: HLT) in connection with a $1 billion secondary offering of 14,610,000 shares of common stock by certain selling stockholders affiliated with The Blackstone Group L.P. Hilton also effected a $68.1 million share repurchase of 986,175 shares of common stock from the selling stockholders.
Hilton is a leading global hospitality company, with a portfolio of 14 brands comprising more than 5,000 properties with more than 825,000 rooms in 103 countries and territories. The company’s portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations.
The Simpson Thacher team included Edgar Lewandowski (Capital Markets – NY); Joshua Ford Bonnie, Jonathan Pacheco and Katharine Thompson (Capital Markets – D.C.); John Hart, Andrew Purcell, George Davis and Christopher Murray (Tax); Jonathan Karen (Funds); Jonathan Lindabury (Derivatives); Jennifer Levitt, Mimi Cheng and Jacob Agi (Credit); Adeeb Fadil and Timothy Mulvihill (Environmental); and Ellen Smiley and James Rapp (Public Company Advisory Practice).