HGV preps first post-spinoff timeshare ABS

Hilton Grand Vacations (HGV) is getting ready to market its first no-grow timeshare transaction, after completing its spin-off from Hilton Worldwide in January.

  • By Sasha Padbidri
  • 16 Feb 2017

Deutsche Bank and Bank of America Merrill Lynch are leading the $350m transaction, which is expected to market next week. S&P Global Ratings and Fitch Ratings assigned preliminary ratings of AA/AA to the $291.07m ‘A’ notes and A/BBB+ to the $58.93m ‘B’ notes.

Following the spin-off from ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 7,026 25 11.95
2 Citi 6,449 21 10.96
3 BNP Paribas 5,093 18 8.66
4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 111,131.36 317 13.04%
2 Bank of America Merrill Lynch 96,639.32 283 11.34%
3 Wells Fargo Securities 81,749.66 249 9.60%
4 JPMorgan 61,554.22 191 7.22%
5 Credit Suisse 44,689.16 138 5.25%