Hilton Grand Vacations Completes $300 Million Term Securitization

August 9, 2019

 Nasdaq (8/13) reports on HGV announcing the completion of a $300 million securitization of vacation ownership loans through Hilton Grand Vacations Trust 2019-A. Three classes of Notes were issued by the Trust, including approximately $215 million of Class A Notes, approximately $50 million of Class B Notes and approximately $34 million of Class C Notes. Dan Mathewes, chief financial officer of Hilton Grand Vacations said: “"We are pleased with the execution on our 2019 ABS offering. We continue to see strong support from the capital markets, which allowed us to complete an oversubscribed securitization at the lowest funding levels since our 2014-A deal."

 

Additional coverage provided by: Business Insider (8/13), MarketScreener (8/13), Digital Journal (8/13), WallStreet Online (8/13), Stock News Feed (8/14) and Inside the Gate (8/14), 

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Media Contact

L‍auren George
Senior Manager, External Communications
Hilton Grand Vacations

P: 1-407-613-8431 
E: [email protected]

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