{"id":783990,"date":"2022-05-04T20:01:22","date_gmt":"2022-05-04T18:01:22","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/hilton-grand-vacations-announces-upsized-and-consolidated-750-million-warehouse-facility\/"},"modified":"2023-07-10T20:41:58","modified_gmt":"2023-07-10T18:41:58","slug":"hilton-grand-vacations-announces-upsized-and-consolidated-750-million-warehouse-facility","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/hilton-grand-vacations-announces-upsized-and-consolidated-750-million-warehouse-facility\/","title":{"rendered":"Hilton Grand Vacations Announces Upsized and Consolidated $750 Million Warehouse Facility"},"content":{"rendered":"ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. (NYSE:HGV) announces today the completion of an upsized $750 million revolving warehouse facility, which will accommodate both right-to-use and deeded inventory.\n\n\n\nThe main benchmark rate of the facility is one-month term SOFR and includes customary used and unused fees, some of which will be based on the achievement of key environmental, social and governance (\"ESG\") performance indicators. The maximum advance rate increased from 87.5% to 90% and the facility will have a revolving period ending May 2024, with final maturity in May 2025.\n\n\n\u201cWe are very pleased to announce this deal, which marks a major step in the combination of our non-recourse capital markets platforms and gen<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>ORLANDO, Fla.&#8211;(BUSINESS WIRE)&#8211;Hilton Grand Vacations Inc. (NYSE:HGV) announces today the completion of an upsized $750 million revolving warehouse facility, which will accommodate both right-to-use and deeded inventory. The main benchmark rate of the facility is one-month term SOFR and includes customary used and unused fees, some of which will be based on the achievement of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-783990","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hilton Grand Vacations Announces Upsized and Consolidated $750 Million Warehouse Facility - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/hilton-grand-vacations-announces-upsized-and-consolidated-750-million-warehouse-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hilton Grand Vacations Announces Upsized and Consolidated $750 Million Warehouse Facility - BeBeez\" \/>\n<meta property=\"og:description\" content=\"ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Inc. 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