Hilton Worldwide plans to repay $200 million of revolving debt

Chicago, March 22 – Hilton Worldwide Holdings Inc. said that it plans to use the proceeds from a new offering of $1 billion of senior notes priced Friday for general corporate purposes, including the repayment of $200 million of debt under its senior secured revolving credit facility, according to a press release.

Proceeds will also be used for investments and acquisitions.

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

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