Printer Friendly

HILTON HOTELS ANNOUNCES IT SOLD $300 MILLION IN SENIOR NOTES

    HILTON HOTELS ANNOUNCES IT SOLD $300 MILLION IN SENIOR NOTES
    BEVERLY HILLS, Calif., July 9 /PRNewswire/ -- Hilton Hotels Corp. (NYSE: HLT) announced today that it sold $300 million in senior notes.  The notes will bear interest at 7.70 percent and mature on July 15, 2002.  The offering was made under a shelf registration statement covering up to $565 million of debt securities.
    Proceeds will be used to finance the cost of acquiring the Bally's Casino Resort in Reno, Nev., major capital improvements at the Flamingo Hilton - Las Vegas and for other general corporate purposes.
    -0-                    7/9/92
    /CONTACT:  Maurice J. Scanlon, senior VP-finance of Hilton Hotels, 310-205-4340/
    (HLT) CO:  Hilton Hotels Corp. ST:  California, Nevada IN:  CNO LEI SU:  OFR JL-EH -- LA002 -- 7705 07/09/92 08:31 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 9, 1992
Words:131
Previous Article:ROSS STORES REPORTS JUNE SALES
Next Article:WAL-MART REPORTS JUNE SALES
Topics:


Related Articles
FelCor Suite Hotels, Inc. Announces Successful Private Placement of $300 Million in Long Term Debt
DCR Comments About Hilton Hotels Corporation's Rating Watch Status; Prospective Debt Ratings Assigned to Park Place Entertainment.
DCR Places Park Place Entertainment's Senior Subordinated Notes on Rating Watch -- Down;.
DCR Plans to Downgrade Ratings of Hilton Hotels Corporation.
DCR Rates Park Place Entertainment's Senior Subordinated Note Offering 'BB+'.
Station Casinos Announces Sale of $300 Million 8 3/8 Percent Senior Notes Due 2008.
MeriStar cashes in on hot hotel market.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters