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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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