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Hilton launches a return to the stock market

1 min reading time

Published on 08/08/13 - Updated on 29/06/23

Hilton Hotel Buenos Aires

According to information from the Wall Street Journal, Hilton Worldwide launched a return to the stock market, selecting Deutsche Bank, Goldman Sachs Group, Bank of America, Morgan Stanley to prepare for a public offering. The entry on the stock market,desired by the group's owner Blackstone, is expected for the beginning of 2014.Blackstone acquired the hotel group in 2006 for more than 26 billion dollars, part of which was debt, which it financed via a 20 billlion dollar loan. After having partially refinanced it, Blackstone still carries 13 billion dollars in debt, which it hopes to alleviate before reentry onto the stock market with the sale of several holdings, such as La Quinta chain (see our article from the 7th of August: Blackstone is ready to sell La Quinta).

HILTON WORLDWIDE

HILTON WORLDWIDE

Groupe hôtelier

  • HILTON WORLDWIDE Etats-Unis
  • Offres d'emplois 47 currents job offers
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