Hilton Worldwide Announces Secondary Offering of 55,000,000 Shares of Common Stock
November 09 2016 - 5:16PM
Business Wire
Hilton Worldwide Holdings Inc. (“Hilton Worldwide” or the
“Company”) announced today that certain selling stockholders
affiliated with The Blackstone Group L.P. have commenced a
secondary offering of 55,000,000 shares of Hilton Worldwide common
stock.
Hilton Worldwide is not offering any shares of common stock in
the offering and will not receive any proceeds from the sale of
shares in this offering. In addition, none of Hilton Worldwide’s
officers or directors are selling any shares of common stock
beneficially owned by them in the offering.
Goldman, Sachs & Co. is serving as the underwriter for the
offering.
The offering of these securities is being made pursuant to an
effective shelf registration statement. The offering will be made
only by means of a prospectus. A copy of the prospectus relating to
these securities may be obtained, when available, from: Goldman,
Sachs & Co., Attn: Prospectus Department, 200 West Street, New
York, NY 10282, telephone:(212) 902-1171, facsimile: 212-902-9316,
e-mail: prospectus-ny@ny.email.gs.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Hilton Worldwide
Hilton (NYSE: HLT) is a leading global hospitality company,
comprising more than 4,800 managed, franchised, owned and leased
hotels and timeshare properties with nearly 789,000 rooms in 104
countries and territories. For 97 years, Hilton has been dedicated
to continuing its tradition of providing exceptional guest
experiences. The company's portfolio of 13 world-class global
brands includes Hilton Hotels & Resorts, Waldorf Astoria Hotels
& Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio
- A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by
Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton,
Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand
Vacations. The company also manages an award-winning customer
loyalty program, Hilton HHonors®. Hilton HHonors members who book
directly through preferred Hilton channels have access to benefits
including an exclusive member discount, free standard Wi-Fi, as
well as digital amenities that are available exclusively through
the industry-leading Hilton HHonors app, where Hilton HHonors
members can check-in, choose their room, and access their room
using a Digital Key. Visit news.hiltonworldwide.com for more
information and connect with Hilton on Facebook, Twitter, YouTube,
Flickr, LinkedIn and Instagram.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. You can identify these forward-looking statements by the
use of words such as “outlook,” “believes,” “expects,” “potential,”
“continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,”
“predicts,” “intends,” “plans,” “estimates,” “anticipates” or the
negative version of these words or other comparable words. Such
forward-looking statements are subject to various risks and
uncertainties, including, among others, risks inherent to the
hospitality industry, macroeconomic factors beyond Hilton’s
control, competition for hotel guests, management and franchise
agreements and timeshare sales, risks related to doing business
with third-party hotel owners, Hilton’s significant investments in
owned and leased real estate, performance of Hilton’s information
technology systems, growth of reservation channels outside of
Hilton’s system, risks of doing business outside of the United
States, risks related to Hilton’s proposed spin-offs and Hilton’s
indebtedness. Additional factors that could cause Hilton’s results
to differ materially from those described in the forward-looking
statements can be found under the section entitled “Part I—Item 1A.
Risk Factors” of the Annual Report on Form 10-K for the fiscal year
ended December 31, 2015, filed with the SEC, as such factors may be
updated from time to time in Hilton’s periodic filings with the
SEC, which are accessible on the SEC’s website at www.sec.gov.
Accordingly, there are or will be important factors that could
cause actual outcomes or results to differ materially from those
indicated in these statements. These factors should not be
construed as exhaustive and should be read in conjunction with the
other cautionary statements that are included in this release and
in Hilton’s filings with the SEC. The Company undertakes no
obligation to publicly update or review any forward-looking
statement, whether as a result of new information, future
developments or otherwise, except as required by law.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161109006339/en/
Nigel GlennieMedia Contact+1 415 298 4424media_inquiries@hilton.comorChristian
CharnauxInvestor Contact+1 703 883 5205
Hilton Worldwide Holdings Inc. (NYSE:HLT.WI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Hilton Worldwide Holdings Inc. (NYSE:HLT.WI)
Historical Stock Chart
From Jul 2023 to Jul 2024