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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hilton Grand Vacations Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250814978790) on August 14, 2025, and is solely responsible for the information contained therein.
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