Hilton Grand Vacations refinanced and increased the capacity under its existing revolving facility from $800 million to $1 billion. Bank of America will remain the administrative agent for the new revolving credit facility.
According to an 8K, Bank of America served as administrative agent, collateral agent, swing line lender and L/C issuer for the second amendment to Hilton Grand Vacations’ $1 billion credit agreement.
Hilton Grand Vacations increased its credit facility from $400 million to $1 billion. Bank of America acted as the administrative agent on the revised facility