Hilton Grand Vacations Inc. (NYSE:HGV) has announced the completion of a $300 million securitization of timeshare loans through Hilton Grand Vacations Trust 2025-1. This transaction involved the issuance of three classes of Notes: approximately $166.5 million of Class A Notes with a coupon rate of 4.88%, approximately $87 million of Class B Notes with a coupon rate of 5.18%, and approximately $46.5 million of Class C Notes with a coupon rate of 5.52%. The overall weighted average coupon rate for the Notes is 5.07%, with an advance rate of 97%. The proceeds from the issuance, net of fees, will be used to pay down debt and for other general corporate purposes.
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