WASHINGTON (dpa-AFX) - Hilton Worldwide Holdings Inc. (HLT) on Monday announced that its indirect subsidiary, Hilton Domestic Operating Company Inc. intends to offer $1 billion aggregate principal amount of the Issuer's Senior Notes due 2034.
The company intends to use the net proceeds of the offering to redeem all $500 million in aggregate principal amount of the Issuer's outstanding 5.750% Senior Notes due 2028 and to pay all fees and expenses related thereto, and the remainder for general corporate purposes.
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