Interval Leisure Group announced that its subsidiary, Interval Acquisition, has entered into an amendment and incremental revolving commitment agreement, increasing its existing $500 million revolving credit facility to $600 million and extending the term to April 2019.
According to a related 8-K filing, Wells Fargo was shown as the administrative agent for the lender group.
Miami, FL-based Interval Leisure Group, which has approximately 5,000 employees worldwide, is a global provider of membership and leisure services to the vacation industry.