The Firm represented Hilton Worldwide Holdings Inc. (NYSE: HLT) in connection with a $1.3 billion secondary offering by certain selling stockholders affiliated with The Blackstone Group L.P., consisting of 55,000,000 shares of common stock at a public offering price of $23.50 per share.
Hilton is a leading global hospitality company, comprising more than 4,800 managed, franchised, owned and leased hotels and timeshare properties with nearly 789,000 rooms in 104 countries and territories. The company’s portfolio of brands includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, DoubleTree 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 Natalie Karam (Capital Markets – D.C.); Jonathan Lindabury, Jennifer Levitt and Mimi Cheng (Derivatives and Credit); Brian Stadler (M&A); John Hart, Andrew Purcell and George Davis (Tax); Adeeb Fadil and Timothy Mulvihill (Environmental); Greg Grogan and Jennifer Pepin (Executive Compensation and Employee Benefits); Ellen Smiley and James Rapp (Public Company Advisory Practice); and Jennie Getsin (FINRA).