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Published on 3/7/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Hilton Worldwide to redeem 5 5/8% notes via $1.5 billion new issue

By Susanna Moon

Chicago, March 7 – Hilton Worldwide Finance LLC said its indirect subsidiaries Hilton Worldwide Finance LLC and Hilton Worldwide Finance Corp. plan to redeem their outstanding 5 5/8% senior notes due 2021 using proceeds of a new issue.

The issuers plan to price $1.5 billion principal amount of senior notes due 2025 and senior notes due 2027 under Rule 144A and Regulation S, according to a company announcement.

Hilton is a McLean, Va.-based hospitality company.


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