Hilton Announces Pricing of Senior Notes Offering

Hilton Worldwide Holdings Inc. (NYSE: HLT) (“Hilton”) today announced that its indirect subsidiary Hilton Domestic Operating Company Inc. (the “Issuer”) has completed the terms of the Issuer’s offering of $1.0 billion aggregate principal amount of 5.875% Senior Notes due 2033 (the “Notes”). The Issuer expects the offering to close on September 9, 2024, subject to customary closing conditions, and intends to use the net proceeds from the offering for general corporate purposes.

The Notes being offered have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws. The Notes may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes were offered by the initial purchasers only to persons reasonably believed to be “qualified institutional buyers” in reliance on the exemption from registration provided by Rule 144A under the Securities Act and to certain non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act.