Hilton Grand Vacations Inc. (NYSE:HGV) has announced the completion of a $400 million securitization of timeshare loans through Hilton Grand Vacations Trust 2025-2. The issuance involved three classes of Notes: approximately $210.4 million of Class A Notes with a coupon rate of 4.54%, approximately $125.0 million of Class B Notes with a coupon rate of 4.73%, and approximately $64.6 million of Class C Notes with a coupon rate of 5.12%. The overall weighted average coupon rate is 4.69%, with an overall advance rate of 96%. The proceeds from the issuance, net of fees, will be used to pay down debt and for other general corporate purposes. The Notes were offered in a private placement within the U.S. and to certain non-U.S. persons, and have not been registered under the Securities Act.