Hilton Plans to Offer $1 Billion Senior Notes
Hilton Worldwide Holdings announced that its indirect subsidiary Hilton Domestic Operating Company intends to offer $1 billion aggregate principal amount of the Issuer's Senior Notes due 2031. The Issuer intends to use the net proceeds of the offering to repay $450 million of borrowings under the Issuer's senior secured revolving credit facility, and the remainder for general corporate purposes