We advised the underwriters on the offering

Davis Polk advised the representative of the several underwriters in connection with an SEC-registered secondary offering of 5,000,000 shares of common stock of Hilton Grand Vacations Inc. by selling stockholders affiliated with Apollo Global Management, Inc. for approximately $250 million in total gross proceeds. The common stock is traded on the New York Stock Exchange under the symbol “HGV.”

Hilton Grand Vacations is recognized as a leading global timeshare company and is the exclusive vacation ownership partner of Hilton. Headquartered in Orlando, Florida, Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The company has a reputation for delivering a consistently exceptional standard of service and unforgettable vacation experiences for guests and more than 720,000 Club Members.

The Davis Polk capital markets team included partners Michael Kaplan and Marcel Fausten and associates Nicole Hylas, Paul M. Sessa and Jacqueline Groskaufmanis. Counsel Yixuan Long and associate Carter Ballentine Allison provided tax advice. Partner Matthew J. Bacal provided intellectual property advice. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.

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