---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-234812"
form_type: "8-K"
ticker: "HGV"
cik: "0001674168"
company_name: "Hilton Grand Vacations Inc."
filed_at: "2024-10-09T23:59:59+00:00"
generated_at: "2026-05-30T17:23:44.754003+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hilton Grand Vacations refinances $400M term loans, boosts L/C capacity to $150M

## Summary
- Incurred $400M incremental term loans (New Term Loans); proceeds used to repay $400M of existing Initial Term Loans.
- New Term Loans mature Jan 8, 2028, with no amortization; interest at Base Rate +0.75% or SOFR +1.75%.
- Letter of Credit sublimit increased from $50M to $150M under the credit agreement.
- New Term Loans rank pari passu with existing term loans and revolving credit; subject to same covenants.
- Borrower may voluntarily prepay New Term Loans without premium or penalty, except breakage costs.

## SEC filing metadata
- accession: 0001193125-24-234812
- form_type: 8-K
- ticker: HGV
- cik: 0001674168
- company_name: Hilton Grand Vacations Inc.
- filed_at: 2024-10-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674168/000119312524234812/0001193125-24-234812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674168/000119312524234812/d886392d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-234812
- JSON: https://secwatch.observer/filing/0001193125-24-234812.json
- Plain text: https://secwatch.observer/filing/0001193125-24-234812.txt

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