Will I get travelling expenses? prostaglandin action For example, sources noted that Hilton (B1/BB-) was able toattain step-downs in pricing on a $7.6 billion refinancingTLB-2, taking advantage of prime rate funds and CLOs that areattracted to higher-rated paper. The loan finalized at LIB 300,with a 1 percent Libor floor at 99.5. Pricing includes a 25bpstep-down after the completion of Hilton’s IPO, and a 25bpstep-down when net first-lien leverage is below 3.85 times.