Hilton Worldwide Holdings Inc. subsidiary, Hilton Domestic Operating Company Inc., priced an offering of $1 billion in senior notes.

The notes carry a 5.500% interest rate and mature in 2031.

The offering is scheduled to close on May 11, 2026.

Hilton will use the proceeds to repay $450 million in borrowings under its senior secured revolving credit facility.

Remaining funds will support general corporate purposes and financial flexibility.

The company offered the notes to qualified institutional buyers.