Hilton Grand Vacations Successfully Issues New Term Loan A
October 09, 2024
October 09, 2024
ORLANDO, Florida, Oct. 9 -- Hilton Grand Vacations, a subsidiary of Hilton Worldwide, issued the following news release on Oct. 8, 2024:
Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful issuance of a $400 million Senior Secured Term Loan A, maturing January 2028, with pricing of SOFR plus 175 basis points. The funds will be used to partially pre-pay the $1.3 billion Term Loan B, maturing August 2028.
"With impressive execution, we continue to l . . .
Hilton Grand Vacations Inc. (NYSE:HGV) announces today the successful issuance of a $400 million Senior Secured Term Loan A, maturing January 2028, with pricing of SOFR plus 175 basis points. The funds will be used to partially pre-pay the $1.3 billion Term Loan B, maturing August 2028.
"With impressive execution, we continue to l . . .