We advised the lead arranger and the administrative agent on the transaction

Davis Polk advised the lead arranger and the administrative agent in connection with the refinancing of a $2.1 billion term loan facility and a $500 million incremental term loan facility provided to Hilton Domestic Operating Company, Inc. The refinanced facility provides for an extended maturity date and the incremental facility will be used for general corporate purposes.

Hilton, headquartered in McLean, Virginia, is one of the largest and fastest growing hospitality companies in the world, with more than 5,600 hotels, resorts and timeshare properties.

The Davis Polk finance team included partner Jeong M. Lee and associates Jeffrey Hon, Anna Zhang and David Tebele. All members of the Davis Polk team are based in the New York office.

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