We advised the arrangers and agent on the financing

Davis Polk advised the administrative agent, collateral agent and joint lead arrangers in connection with a $900 million incremental term loan in connection with Hilton Grand Vacations Inc.’s (HGV) acquisition of Bluegreen Vacations Corporation (BVH).

HGV is a global timeshare company and is the exclusive vacation ownership partner of Hilton. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets and operates a system of vacation ownership resorts in select vacation destinations.

BVH is a vacation ownership company that markets and sells vacation ownership interests and manages resorts in popular leisure and urban destinations, including Orlando, Panama City Beach, Las Vegas, the Smoky Mountains, Myrtle Beach, Charleston, the Branson, Missouri, area, Nashville and New Orleans, among others.

The finance team included partner David Hahn, counsel Andrei Takhteyev and associates Pablo Solorzano, Jenny Dai and Bryan Mendiola. The capital markets team included partner Marcel Fausten and associate Dennis Chu. All members of the Davis Polk team are based in the New York office.