Hilton to redeem 5 1/8% senior notes due 2026 with new issue

By Cady Vishniac

Detroit, Jan. 19 – Hilton Worldwide Holdings Inc. subsidiary Hilton Domestic Operating Co. Inc. plans to use the proceeds from an announced $1.5 billion offering of senior notes due 2032 together with available cash to redeem all of its outstanding 5 18% notes due 2026, according to a press release.

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

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