Hilton extends revolving credit facility maturity and raises letter of credit sublimit
Hilton Domestic Operating Company, an indirect subsidiary of Hilton Worldwide Holdings, entered into Amendment No. 12 to its credit agreement on March 18, 2026. The amendment extends the maturity of the senior secured revolving credit facility, changes its interest pricing terms, and raises the letter of credit and swingline borrowing sublimits. The filing describes these as credit facility terms and does not report a dollar amount for the facility itself or any effect on earnings.
Key points
- Revolving credit facility maturity extended to the earlier of five years after March 18, 2026 or 91 days before the stated maturity of existing term loans
- Letter of credit sublimit increased from $250 million to $500 million
- Same-day swingline borrowing sublimit increased from $100 million to $200 million
- Base margin on SOFR-based loans is 1.00% per annum when first lien net leverage is 1.50 to 1.00 or lower, with step-ups at higher leverage levels
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.