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gn, a documentary film project intended to recognize the ASUESL interpretation of music as an art form. Prior, Gonda was a Senior Vice- President at Hilton Worldwide, where she led global corporate communications and corporate responsibility. Before joining Hilton, she was Vice-President and Director of Communica

ry film project intended to recognize the ASL/ESL interpretation of music as an art form. Prior, Gonda EFTA00716402 was a Senior Vice-President at Hilton Worldwide, where she led global corporate communications and corporate responsibility. Before joining Hilton, she was Vice-President and Director of Communica

t has been sent to you in error, please reply to advise the sender of the error and then immediately delete this message. indicates a trademark of Hilton Worldwide. O 2013 Hilton Worldwide Hilton Reservations and Customer Care 12050 Chennault Drive I Carrollton. Texas 75006. USA EFTA00385145

t has been sent to you in error, please reply to advise the sender of the error and then immediately delete this message. indicates a trademark of Hilton Worldwide. O 2013 Hilton Worldwide Hilton Reservations and Customer Care 12050 Chennault Drive I Carrollton. Texas 75006. USA EFTA00385147

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INTERNAL USE ONLY DO NOT DISTRIBUTE IN PART OR IN WHOLE Corporate Credit > U.S. High Yield Hilton Worldwide Updated: November 4, 2015 Trade Idea: Buy the HLT 5.625% unsecured bond maturing in 2021 yielding 3.4% Investment Rationale: o Hilton is one of

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n, a documentary film pro=ect intended to recognize the ASL/ESL interpretation of music as an art form. Prior, Gonda was a Senior Vice- President at Hilton Worldwide, where she=led global corporate communications and corporate responsibility. Before j=ining Hilton, she was Vice-President and Director of Communica

ributed to the limited partners, or through September 30, 2015. for unrealized investments. (51) The unrealized value reflects the market price of Hilton Worldwide (NYSE:HLT) common stock of S22.94/share as of September 30, 2015. The unrealized value is reduced by a debt financing collateralized by a portion o