secwatch.observer — SEC 8-K summary
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Issuer:     Hilton Grand Vacations Inc. (HGV)
CIK:        0001674168
Form:       8-K
Filed at:   2022-08-12T23:59:59+00:00
Accession:  0001193125-22-219760
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hilton Grand Vacations completes $269M vacation-ownership loan securitization
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- Issued four classes of notes: $153M Class A (4.30%), $73M Class B (4.74%), $26M Class C (5.57%), $17M Class D (8.73%).
- Overall weighted average interest rate of 4.83% and advance rate of 96%.
- Proceeds used to pay down debt and for general corporate purposes.
- Transaction brought five new investors; CFO cited strong execution despite higher benchmark rates.
- Notes rated by S&P and Moody's, offered in private placement under Rule 144A and Regulation S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674168/000119312522219760/0001193125-22-219760-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674168/000119312522219760/d358537d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-219760

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