04:58 PM EST, 02/03/2025 (MT Newswires) -- Hilton Grand Vacations ( HGV ) said Monday it amended a revolving credit facility and re-priced a term loan B due 2028 and incremental term loan B due 2031.

The revolving credit's terms were amended to decrease pricing spreads, adjust covenants, reset some incurrence baskets and extend its maturity to January 2030, the company said, adding the term loan A due January 2028 was repriced to secured overnight financing rate plus 165 basis points from SOFR plus 175 basis points.

The $828 million term loan B that matures in August 2028 was repriced to SOFR plus 200 basis points from SOFR plus 250 basis points, the company said.

The $839 million term loan B that matures in January 2031 was repriced to SOFR plus 200 basis points from SOFR plus 225 basis points, it said.