Hilton prices $1 billion senior notes offering at 5.500% due 2031

Hilton Worldwide Holdings Inc. (NYSE: HLT) announced that its subsidiary Hilton Domestic Operating Company Inc. finalized terms for a $1 billion senior notes offering with a 5.500% interest rate due 2031.

The company expects the offering to close on May 11, 2026, subject to customary closing conditions. Hilton plans to use $450 million of the net proceeds to repay borrowings under its senior secured revolving credit facility, with the remainder allocated for general corporate purposes.

The notes were offered to qualified institutional buyers under Rule 144A and to certain non-U.S. persons in offshore transactions under Regulation S. The securities have not been registered under the Securities Act of 1933 or state securities laws.

The offering was conducted through initial purchasers and targeted institutional investors rather than retail buyers. Hilton's announcement included standard disclaimers stating the press release does not constitute an offer to sell or solicitation to buy securities.

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