April 10, 2018 / 11:49 AM / 16 days ago

BRIEF-Hilton Announces Launch Of Senior Notes Offering

Reuters Staff

1 Min Read

April 10 (Reuters) - Hilton Worldwide Holdings Inc:

* HILTON ANNOUNCES LAUNCH OF SENIOR NOTES OFFERING

* UNIT INTENDS TO OFFER $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF ISSUER’S SENIOR NOTES DUE 2026

* UNIT TO USE PROCEEDS, AVAILABLE CASH, BORROWINGS, TO FUND REPURCHASE OF 10 MILLION SHARES OF CO BENEFICIALLY OWNED BY HNA TOURISM GROUP CO

* IF CO ELECTS TO BUY UP TO 6.5 MILLION ADDITIONAL SHARES, TO FUND PURCHASE WITH CASH, BORROWINGS UNDER REVOLVING CREDIT FACILITY, AMONG OTHERS Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.

0 : 0

narrow-browser-and-phone
medium-browser-and-portrait-tablet
landscape-tablet
medium-wide-browser
wide-browser-and-larger
medium-browser-and-landscape-tablet
medium-wide-browser-and-larger
above-phone
portrait-tablet-and-above
above-portrait-tablet
landscape-tablet-and-above
landscape-tablet-and-medium-wide-browser
portrait-tablet-and-below
landscape-tablet-and-below

All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.