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Blackstone could launch Hilton IPO in December

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Published on 05/11/13 - Updated on 17/03/22

Hilton Hotel Buenos Aires

Directed by its owner Blackstone, the Hilton Worldwide IPO will be led by Deutsche Bank, Goldman Sachs Group, Bank of America and Morgan Stanley. Originally scheduled for 2014, it could be advanced to the week of December 2nd, 2013, according to the international press.Blackstone acquired the hotel group in 2006 for more than 26 billion dollars with the assumption of liabilities, an acquisition largely financed through a loan of 20 billion dollars. Having partially refinanced, Blackstone today bears a debt of about 13 billion dollars, which it hopes to reduce via the group's entry on the stock exchange and the sale of several hotel properties such as La Quinta chain and a small part of Hilton Worldwide.Since its acquisition in 2006, the Hilton group has developed 170,000 new rooms under management contracts and franchise and won a place in the group world rankings conducted by MKG Hospitality: it now ranks second globally, behind IHG.

HILTON WORLDWIDE

HILTON WORLDWIDE

Groupe hôtelier

  • HILTON WORLDWIDE Etats-Unis
  • Offres d'emplois 46 currents job offers
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