(Reuters) - Shares of Hilton Worldwide Holdings Inc
The shares opened at $21.30 after Blackstone Group LP
The shares were priced at $20 Wednesday night, within the expected range of $18 to $21. Hilton and existing shareholders sold 117.6 million shares in the IPO.
Blackstone took Hilton private in 2007 for $26.7 billion, including debt, in one of the largest leveraged buyouts before the 2008 global financial crisis.
Founded in 1919 by Conrad Hilton, Hilton's brands include such high-end names as Conrad and Waldorf Astoria.
Hilton, which operates in 90 countries, has more than 4,000 hotels and 670,000 rooms under its umbrella.
The company itself owns or leases 157 hotels, including the Waldorf Astoria in New York and the Hilton Hawaiian Village.
Deutsche Bank AG
(Reporting by Olivia Oran; Editing by Gerald E. McCormick and John Wallace)