The Firm recently represented Hilton Worldwide Holdings (NYSE: HLT) in connection with a Rule 144A/Regulation S offering of $1 billion of senior notes consisting of $500 million aggregate principal amount of 5.375% Senior Notes due 2025 and $500 million aggregate principal amount of 5.75% Senior Notes due 2028. Hilton intends to use the proceeds of the senior notes offering for general corporate purposes.
Hilton is one of the largest and fastest growing hospitality companies in the world, with 6,110 properties comprising 971,780 rooms in 119 countries and territories. The company’s portfolio includes Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Tempo by Hilton, Motto by Hilton, Signia by Hilton, Hilton Hotels & Resorts, 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, William Golden, Jonathan Pacheco, Patrick McCamy, Claire DiMario, Evan Hunt and Jesse Schulman (Capital Markets – D.C.); Brian Gluck and Leah Nudelman (Credit); Andrew Purcell and Zachary Fialkow (Tax); Greg Grogan, Jamin Koslowe and Monisha Bhayana (Executive Compensation and Employee Benefits); Adeeb Fadil (Environmental); and Charles Mathes (Public Company Advisory Practice).