debt
confidence high
sentiment positive
materiality 0.60
HGV subsidiary increases warehouse facility to $850M; adds Bluegreen loans as collateral
Hilton Grand Vacations Inc.
- Borrowing capacity raised from $750M to $850M on Warehouse Credit Facility.
- Bluegreen Vacations timeshare loans now eligible as collateral under certain eligibility criteria.
- Separate advance rates apply to Bluegreen loans based on FICO scores and no-FICO obligors.
- No outstanding borrowings under the facility as of November 15, 2024.
- Customary used and unused fees included in the amendment.