Hilton Grand Vacations Inc. announced the closing on an upsized $850 million revolving warehouse facility. The facility will accommodate both deeded and trust inventory including loans from legacy Bluegreen Vacations, which HGV acquired in January 2024. The facility includes customary used and unused fees and the maximum advance rate remains at 90%.

The facility?s revolving period will end in November 2026, with a final maturity in November 2027. Bank of America remains administrative agent of the facility, and the capital committed comes from Bank of America, Wells Fargo Bank, Deutsche Bank Securities, Truist Bank, Barclays, Goldman Sachs, MUFG Bank, Citizens Bank, Regions Bank, HSBC Bank and CIBC Bank. Alston and Bird LLP represented HGV as issuer counsel.