HGV refinances $849M term loan, extends maturity to 2033 at unchanged rate

Filed July 17, 2026 · Period ending July 17, 2026 · ~1 min read

Key Changes

• high

  Incurred new $850M term loan maturing July 2033 to refinance $849M of existing term debt due 2028, extending maturity by ~5 years while maintaining same interest rate (Term SOFR + 2.00% or Base Rate + 1.00%).

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  New loan ranks pari passu with existing term loans and revolving facility, subject to same covenants and events of default as other term loans under the Credit Agreement.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• low

  Minimal quarterly amortization of 0.25% of principal (~$2.1M/quarter) begins December 2026, with remaining balance due at maturity; voluntary prepayment permitted without penalty except 1.00% premium on repricing transactions within first six months.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →