Brief: Hilton Grand Vacations Successfully Reprices Term Loan B

Hilton Grand Vacations

08/04/2024 21:34

April 8 (Reuters) - Hilton Grand Vacations Inc  HGV.N :
    * HILTON GRAND VACATIONS SUCCESSFULLY REPRICES TERM LOAN B
    * HILTON GRAND VACATIONS INC - RE-PRICING OF ITS EXISTING
$1.3
BILLION TERM LOAN B, MATURING AUG. 2, 2028
    * HILTON GRAND VACATIONS INC - NEW PRICING WILL BE SOFR PLUS
250
BASIS POINTS, DOWN FROM SOFR PLUS 275 BASIS POINTS
    * HILTON GRAND VACATIONS INC - PROCEEDS OF ISSUANCE, NET OF
FEES,
WERE USED TO REPRICE EXISTING TERM LOAN B DUE 2028

Source text for Eikon:  ID:nBw77VByva 
Further company coverage:  HGV.N 

 ((Reuters.Briefs@thomsonreuters.com;))