Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Altoona > News item |
Hilton Worldwide to pay down secured credit with proceeds of notes
By Rebecca Melvin
New York, June 10 – Hilton Worldwide Holdings Inc. plans to repay borrowings under its senior secured credit facilities with proceeds of a planned notes offering for $750 million, according to a company news release.
Proceeds of the notes, which are being issued by indirect subsidiary Hilton Domestic Operating Co. Inc., are also earmarked for general corporate purposes, including potential share repurchases.
Hilton is a McLean, Va.-based hospitality company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.