debt
confidence high
sentiment neutral
materiality 0.70
Hilton issues $1B of 5.750% senior notes due 2033, upsized from $500M
Hilton Worldwide Holdings Inc.
- Issued $1B aggregate principal of 5.750% Senior Notes due 2033 on July 7, 2025.
- Net proceeds: repay $515M revolver debt; remainder for general corporate purposes.
- Notes rank pari passu with other senior unsecured debt; guaranteed by parent entities.
- Interest 5.750% semi-annual; optional redemption at make-whole or declining premiums from 2028.
- Offering upsized to $1B from originally announced $500M.
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