April 10, 2018 / 11:49 AM / 7 months ago

BRIEF-Hilton Announces Launch Of Senior Notes Offering

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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:

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