Hilton IPO

Hilton Worldwide Prices Initial Public Offering At $20.00 Per Share

Hilton Worldwide Holdings Inc. announced yesterday the pricing of its initial public offering of 117,640,624 shares of common stock at a price to the public of $20.00 per share.

Hilton Worldwide Hilton Worldwide Holdings Inc. announced yesterday the pricing of its initial public offering of 117,640,624 shares of common stock at a price to the public of $20.00 per share. Hilton Worldwide is offering 64,102,564 of such shares and a selling stockholder is offering 53,538,060 of such shares. The selling stockholder has granted the underwriters an option to purchase up to an additional 17,646,093 shares at the initial public offering price less the underwriting discount. The shares are expected to begin trading on the New York Stock Exchange on December 12, 2013 under the ticker symbol “HLT.” The offering is expected to close on December 17, 2013, subject to customary closing conditions.

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.

A registration statement relating to these securities was filed with, and declared effective by, the Securities and Exchange Commission.

Any offer or sale will be made only by means of a written prospectus forming part of the effective registration statement. A copy of the final prospectus relating to these securities may be obtained, when available, from: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, via telephone: 1-800-503-4611 or via email: prospectus.cpdg@db.com; Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, via telephone: (866) 471-2526 or via email: prospectus-ny@gs.com; BofA Merrill Lynch, Attention: Prospectus Department, 222 Broadway, New York, New York 10038, via email: dg.prospectus_requests@baml.com; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, via telephone: (866) 718-1649 or via email: prospectus@morganstanley.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, via telephone: (866) 803-9204; Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, via telephone: 800-326-5897 or via email: cmclientsupport@wellsfargo.com.



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