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Moody's assigns Hilton Domestic Ba1
Moody's Investors Service said it assigned a Ba1 corporate family rating, a Ba1-PD probability of default rating, Baa3 senior secured bank facility ratings, a Ba2 senior unsecured rating, an SGL-1 speculative grade liquidity rating and a negative outlook to Hilton Domestic Operating Co. Inc.
“These ratings had previously been assigned to a related entity, Hilton Worldwide Finance, LLC (HWF), which has been merged into HOC. HOC's existing backed senior unsecured rating of Ba2 is unchanged. All ratings of HWF have been withdrawn,” Moody’s said in a press release.
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