Hilton $1 Billion Senior Notes Offering

Davis Polk advised the representative of the initial purchasers in connection with the offering by Hilton Domestic Operating Company Inc., an indirect subsidiary of Hilton Worldwide Holdings Inc., of $500 million aggregate principal amount of its 5.375% senior notes due 2025 and $500 million aggregate principal amount of its 5.750% senior notes due 2028.

Hilton is a global hospitality company, with a portfolio of 18 world-class brands comprising more than 6,110 properties with more than 971,780 rooms in 119 countries and territories.

The Davis Polk corporate team included partners Michael Kaplan and Marcel Fausten and associates Dan Gibbons, Roman Shapurko and Yushen Liu. Partner William A. Curran and associate Tomislava Dragicevic provided tax advice. Counsel Loyti Cheng and associate Cristina Harshman provided environmental advice. Counsel Daniel F. Forester provided intellectual property advice. All members of the Davis Polk team are based in the New York office.