{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-002888","form_type":"8-K","ticker":"HGV","cik":"0001674168","company_name":"Hilton Grand Vacations Inc.","filed_at":"2025-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.396167+00:00","generated_at":"2026-05-27T04:00:18.142585+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"HGV refinances with $1.0B revolving credit facility, covenant eased to 4.25x","bullets":["Entered Amendment No. 8 to Credit Agreement on Jan 31, 2025, establishing $1.0B new revolving credit facility maturing Jan 31, 2030.","Existing revolving commitments terminated; new facility margins range from 0.50%-0.95% (Base Rate) and 1.50%-1.95% (Term SOFR).","Consolidated First Lien Net Leverage Ratio covenant increased from 3.25x to 4.25x (subject to 0.50x increase after material acquisitions).","Applicable rates on Initial Term Loans reduced to 2.00% (Term Benchmark) and 1.00% (Base Rate); similar reductions for other term loans.","Bank of America resigned as Administrative Agent; Wells Fargo appointed as successor."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-002888","json":"https://secwatch.observer/filing/0001140361-25-002888.json","markdown":"https://secwatch.observer/filing/0001140361-25-002888.md","text":"https://secwatch.observer/filing/0001140361-25-002888.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674168/000114036125002888/0001140361-25-002888-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674168/000114036125002888/ef20042787_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T04:00:18.142585+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}