الديحاني
عضو نشط
- التسجيل
- 12 يوليو 2004
- المشاركات
- 243
The IPO for Hilton Worldwide Holdings Inc. (NYSE: HLT) opened for trading at $21.30 after pricing 117,640,624 shares at $20.
Hilton Worldwide is offering 64,102,564 of such shares and a selling stockholder is offering 53,538,060 of such shares.
Hilton Worldwide intends to use the net proceeds from the offering and available cash to repay approximately $1.25 billion of term loan borrowings outstanding under its senior secured credit facilities.
Deutsche Bank Securities, Goldman, Sachs & Co., BofA Merrill Lynch, Morgan Stanley, J.P. Morgan and Wells Fargo Securities are acting as joint bookrunners. Blackstone Capital Markets, Macquarie Capital, Barclays, Mitsubishi UFJ Securities, Citigroup, Credit Suisse, HSBC, RBS, Baird, Credit Agricole CIB, Nomura, Raymond James, RBC Capital Markets, UBS Investment Bank, CastleOak Securities, L.P., Drexel Hamilton, Telsey Advisory Group and Ramirez and Co., Inc. are acting as co-managers.
Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 94 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company’s portfolio of ten world-class global brands is comprised of more than 4,000 managed, franchised, owned and leased hotels and timeshare properties, with nearly 672,000 rooms in 90 countries and territories, including Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton HHonors®.
Below is a great infographic from the NYSE on the timeline of Hilton:
Hilton Worldwide is offering 64,102,564 of such shares and a selling stockholder is offering 53,538,060 of such shares.
Hilton Worldwide intends to use the net proceeds from the offering and available cash to repay approximately $1.25 billion of term loan borrowings outstanding under its senior secured credit facilities.
Deutsche Bank Securities, Goldman, Sachs & Co., BofA Merrill Lynch, Morgan Stanley, J.P. Morgan and Wells Fargo Securities are acting as joint bookrunners. Blackstone Capital Markets, Macquarie Capital, Barclays, Mitsubishi UFJ Securities, Citigroup, Credit Suisse, HSBC, RBS, Baird, Credit Agricole CIB, Nomura, Raymond James, RBC Capital Markets, UBS Investment Bank, CastleOak Securities, L.P., Drexel Hamilton, Telsey Advisory Group and Ramirez and Co., Inc. are acting as co-managers.
Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 94 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company’s portfolio of ten world-class global brands is comprised of more than 4,000 managed, franchised, owned and leased hotels and timeshare properties, with nearly 672,000 rooms in 90 countries and territories, including Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton HHonors®.
Below is a great infographic from the NYSE on the timeline of Hilton: