secwatch / observer
8-K filed March 27, 2024, 7:59 PM ET ticker HLT CIK 0001585689
debt confidence high sentiment neutral materiality 0.55

Hilton Worldwide Holdings Inc. (HLT): debt financing — Hilton issues $1B in senior notes: $550M at 5.875% due 2029, $450M at 6.125% due 2032

Hilton Worldwide Holdings Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Hilton Worldwide Holdings Inc. incurred senior notes of $550 million aggregate principal amount of 5.875% Senior Notes due 2029 and $450 million aggregate principal amount of 6 with Wilmington Trust, National Association at 5.875% per annum, in the case of the 2029 Notes, and 6.125% per annum, in the ca maturing April 1, 2029, in the case of the 2029 Notes, and April 1, 2032, in the case of the 2032 Notes.

Instrument
senior notes
Principal
$550 million aggregate principal amount of 5.875% Senior Notes due 2029 and $450 million aggregate principal amount of 6
Counterparty
Wilmington Trust, National Association
Rate
5.875% per annum, in the case of the 2029 Notes, and 6.125% per annum, in the ca
Maturity
April 1, 2029, in the case of the 2029 Notes, and April 1, 2032, in the case of the 2032 Notes
Event
incurrence
Exact text from the filing
On March 26, 2024, Hilton Domestic Operating Company Inc. (the “Issuer”), an indirect subsidiary of Hilton Worldwide Holdings Inc. (the “Company”), issued and sold $550 million aggregate principal amount of 5.875% Senior Notes due 2029 (the “2029 Notes”) and $450 million aggregate principal amount of 6.125% Senior Notes due 2032 (the “2032 Notes” and, together with the 2029 Notes, the “Notes”), in each case, under an Indenture, dated as of March 26, 2024 (the “Indenture”), by and among the Issuer, the Company, as a guarantor, the other guarantors party thereto and Wilmington Trust, National Association, as trustee
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Hilton Worldwide Holdings Inc. entered into Indenture with Wilmington Trust, National Association valued at $550 million aggregate principal amount of 5.875% Senior Notes due 2029 and $450 million aggregate p (effective 2024-03-26).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association
Value
$550 million aggregate principal amount of 5.875% Senior Notes due 2029 and $450 million aggregate p
Effective
2024-03-26
Exact text from the filing
On March 26, 2024, Hilton Domestic Operating Company Inc. (the “Issuer”), an indirect subsidiary of Hilton Worldwide Holdings Inc. (the “Company”), issued and sold $550 million aggregate principal amount of 5.875% Senior Notes due 2029 (the “2029 Notes”) and $450 million aggregate principal amount of 6.125% Senior Notes due 2032 (the “2032 Notes” and, together with the 2029 Notes, the “Notes”), in each case, under an Indenture, dated as of March 26, 2024 (the “Indenture”), by and among the Issuer, the Company, as a guarantor, the other guarantors party thereto and Wilmington Trust, National Association, as trustee (in such capacity, the “Trustee”).
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

Hilton Worldwide Holdings Inc. filing history →

Source: SEC EDGAR
accession 0001585689-24-000062
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