The Firm represented Hilton Worldwide Holdings Inc. in connection with a $2.3 billion secondary offering, consisting of 103,500,000 shares of common stock (including 13,500,000 shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares) at a public offering price of $22.50 per share.
Hilton Worldwide is one of the largest and fastest growing hospitality companies in the world, with more than 4,100 hotels, resorts and timeshare properties comprising more than 685,000 rooms in 92 countries and territories. Hilton Worldwide’s portfolio of 11 world-class brands includes luxury hotel brands, Waldorf Astoria Hotels & Resorts and Conrad Hotels & Resorts, full-service hotel brands, Curio – A Collection by Hilton, Hilton Hotels & Resorts brand DoubleTree by Hilton and Embassy Suites Hotels, focused-service hotel brands, Hilton Garden Inn, Hampton Inn, Homewood Suites by Hilton and Home2 Suites by Hilton and timeshare brand, Hilton Grand Vacations.
The Simpson Thacher team included Josh Bonnie, Edgar Lewandowski, Kyle Scherer and Jim Russell (Capital Markets); Greg Ressa and Sas Mehrara (Real Estate); and John Hart, Seojung Park and Michael Cardella (Tax).
