Hilton Completes $1.5 Billion Senior Notes Offering
02.05.21
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The Firm recently represented Hilton Worldwide Holdings (“Hilton”) (NYSE: HLT) in connection with a Rule 144A/Regulation S offering of $1.5 billion aggregate principal amount of 3.625% Senior Notes due 2032. Hilton used the proceeds of the Senior Notes offering together with available cash to redeem all $1.5 billion aggregate principal amount of its 5.125% Senior Notes due 2026.
Hilton is a leading global hospitality company with a portfolio of 18 world-class brands comprising more than 6,300 properties with nearly one million rooms in 118 countries and territories.
The Simpson Thacher team included Edgar Lewandowski, William Golden, Jonathan Pacheco and Sarah Ali (Capital Markets); Brian Gluck and Leah Nudelman (Credit); Andrew Purcell and Zachary Fialkow (Tax); Greg Grogan and Jamin Koslowe (Executive Compensation and Employee Benefits); Adeeb Fadil (Environmental); and Charles Mathes (Public Company Advisory Practice).