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Prospect News home > News index > List of issuers H > Headlines for Hilton Worldwide Holdings Inc. > News item
Published on 12/2/2013 in the Prospect News Bank Loan Daily.

Hilton intends to repay $1.25 billion of term debt with IPO proceeds

By Sara Rosenberg

New York, Dec. 2 - Hilton Worldwide Holdings Inc. plans to repay about $1.25 billion of its term loan borrowings using proceeds from its initial public offering of common stock, according to an S-1/A filed with the Securities and Exchange Commission on Monday.

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


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