---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-006124"
form_type: "8-K"
ticker: "HGV"
cik: "0001674168"
company_name: "Hilton Grand Vacations Inc."
filed_at: "2024-01-11T23:59:59+00:00"
generated_at: "2026-06-07T00:34:45.663691+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HGV prices $900M 6.625% senior secured notes due 2032 to finance Bluegreen acquisition

## Summary
- Priced $900M aggregate principal of 6.625% senior secured notes due 2032; expected close Jan 17, 2024.
- Proceeds will finance the pending $1.5B acquisition of Bluegreen Vacations (BVH) at $75/share in cash.
- Upon acquisition close, notes will be issued by surviving issuers and secured by substantially all assets of the company.
- If not concurrent, proceeds held in escrow until conditions met; HGV subsidiary guarantees interest payments.
- Net proceeds also used to repay certain outstanding indebtedness and pay related fees and expenses.

## SEC filing metadata
- accession: 0001193125-24-006124
- form_type: 8-K
- ticker: HGV
- cik: 0001674168
- company_name: Hilton Grand Vacations Inc.
- filed_at: 2024-01-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674168/000119312524006124/0001193125-24-006124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674168/000119312524006124/d697809d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-006124
- JSON: https://secwatch.observer/filing/0001193125-24-006124.json
- Plain text: https://secwatch.observer/filing/0001193125-24-006124.txt

## Key facts
- Material Agreements
  Hilton Grand Vacations Inc. entered into Purchase Agreement with the several initial purchasers party thereto valued at $900 million (effective 2024-01-10).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: the several initial purchasers party thereto
  - Value: $900 million
  - Effective: 2024-01-10
  source text: On January 10, 2024, Hilton Grand Vacations Borrower Escrow, LLC (the “Escrow Issuer”), Hilton Grand Vacations Borrower Escrow, Inc. (the “Escrow Co-Issuer” and, together with the Escrow Issuer, the “Escrow Issuers”) and Hilton Grand Vacations Borrower LLC (the “Escrow Guarantor”), in its capacity as provider of the HGV Escrow Guarantee (as defined below), each a wholly-owned subsidiary of Hilton Grand Vacations Inc. (the “Company”), entered into a purchase agreement (the “Purchase Agreement”) with the several initial purchasers party thereto (collectively, the “Initial Purchasers”), in connection with the offer and sale of $900 million aggregate principal amount of the Escrow Issuers’ 6.625% Senior Secured Notes due 2032 (the “Notes”) in a private offering (the “Offering”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674168/000119312524006124/0001193125-24-006124-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.