Blackstone Said to Attempt to Cut Hilton Debt

Posted on October 28, 2009 by

The Blackstone Group is in talks with lenders about slicing off as much as $5 billion from Hilton Worldwide ’s $20 billion debt load, in an effort to protect the firm it bought during the buyout boom, The Wall Street Journal reported, citing people familiar with the matter.

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Blackstone Said to Attempt to Cut Hilton Debt