{"schema_version":"secwatch.filing_event.v1","accession":"0000315858-23-000034","form_type":"8-K","ticker":null,"cik":"0000315858","company_name":"Bluegreen Vacations Holding Corp","filed_at":"2023-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.736272+00:00","generated_at":"2026-06-13T21:55:27.680371+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Bluegreen Vacations completes $214.6M VOI receivable-backed securitization","bullets":["Completed $214.6M securitization of VOI receivables with three tranches (Class A $96.6M at 5.77%, Class B $67.0M at 6.31%, Class C $51.0M at 7.38%).","Weighted average coupon of 6.32% and advance rate of 85.5%; notes mature November 2038.","Proceeds used to repay $181.6M outstanding under existing purchase facility, capitalize reserve fund, and pay fees.","Repayment of purchase facility restores ~$181.6M in revolving availability under that facility until September 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000315858-23-000034","json":"https://secwatch.observer/filing/0000315858-23-000034.json","markdown":"https://secwatch.observer/filing/0000315858-23-000034.md","text":"https://secwatch.observer/filing/0000315858-23-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/315858/000031585823000034/0000315858-23-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/315858/000031585823000034/bvh-20230620x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T21:55:27.680371+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ea674340c7965fa3b41ffbbe0d9991c681723a2c","claim":"Bluegreen Vacations Holding Corp incurred debt of approximately $214.6 million with KeyBanc Capital Markets Inc., BofA Securities, Inc., Truist Securities, Inc., Citizens Capital Markets Inc., Barclays Capital Inc. at weighted average coupon rate of approximately 6.32% maturing November 2038.","evidence_excerpt":"On June 20, 2023, Bluegreen Vacations Corporation (“Bluegreen”), a wholly owned subsidiary of Bluegreen Vacations Holding Corporation, completed a private offering and sale of approximately $214.6 million of vacation ownership interest (“VOI”) receivable-backed notes (the “2023-A Term Securitization”). The transaction consisted of the issuance of three tranches of notes (collectively, the “Notes”) with a weighted average coupon rate of approximately 6.32% and a maturity date in November 2038.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/315858/000031585823000034/0000315858-23-000034-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"approximately $214.6 million"},{"label":"Counterparty","value":"KeyBanc Capital Markets Inc., BofA Securities, Inc., Truist Securities, Inc., Citizens Capital Markets Inc., Barclays Capital Inc."},{"label":"Rate","value":"weighted average coupon rate of approximately 6.32%"},{"label":"Maturity","value":"November 2038"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}