UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 22, 2026 (May 20, 2026)
Hilton Grand Vacations Inc.
(Exact Name of Registrant as Specified in its Charter)
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Delaware
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001-37794
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81-2545345
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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6355 MetroWest Boulevard, Suite 180
Orlando, Florida
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32835
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(Address of principal executive offices)
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(Zip Code)
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(407) 613-3100
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock, $0.01 par value per share
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HGV
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New York Stock Exchange
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the
Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 1.01. |
Entry into a Material Definitive Agreement.
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On May 20, 2026, Hilton Grand Vacations Trust I LLC (the “Borrower”), a subsidiary of Hilton Grand Vacations Inc. (the “Company”),
entered into Omnibus Amendment No. 5, dated as of May 20, 2026 (the “Amendment”) to the Amended and Restated Receivables Loan Agreement, dated as of May 3, 2022 (as previously amended, the “Amended and Restated Receivables Loan Agreement”), by and
among the Borrower, as borrower, Computershare Trust Company, N.A., as securities intermediary and paying agent, Bank of America, N.A., as administrative agent and structuring agent, certain financial institutions as conduit lenders, certain
financial institutions as committed lenders, and certain financial institutions as managing agents (such agents and lenders, the “lenders”). The Amendment further amends the Amended and Restated Receivable Loan Agreement and the related revolving
warehouse loan facility evidenced thereby (the “Warehouse Credit Facility”) and, among other things:
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increases the facility size from $850,000,000 to $1,000,000,000;
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extends the revolving period to May 2028;
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permits the Borrower to pledge as collateral timeshare loans related to the Elara timeshare resort
and originated by LV Tower 52, LLC, subject to certain eligibility criteria and other conditions; and
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includes customary used and unused fees.
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As of May 20, 2026, the Company had approximately $200,000,000 in outstanding borrowings, excluding accrued interest, under the
Warehouse Credit Facility.
The lenders (and their respective subsidiaries or affiliates) have provided, and may in the future provide, various other commercial
banking, investment banking and other financial advisory services for the Company and its subsidiaries in the ordinary course of business for which they have received, and may receive, customary fees and expenses.
This summary is qualified in its entirety by reference to the full text of the Amendment, filed as Exhibit 10.1 to this Current
Report on Form 8-K and incorporated herein by reference.
| Item 2.03. |
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
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The information provided in Item 1.01 of this Current Report on Form 8-K is incorporated by reference herein.
| Item 9.01. |
Financial Statements and Exhibits.
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Exhibit No.
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Description
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Omnibus Amendment No. 5, dated as of May 20, 2026, to the Amended and Restated Receivables Loan
Agreement, by and among the Borrower, as borrower, Computershare Trust Company, N.A., as securities intermediary and paying agent, Bank of America, N.A., as administrative agent and structuring agent, certain financial institutions as
conduit lenders, certain financial institutions as committed lenders, and certain financial institutions as managing agents.
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104
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Cover page Interactive Data File (embedded with the Inline XBRL document).
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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HILTON GRAND VACATIONS INC.
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By:
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/s/ Charles R. Corbin
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Charles R. Corbin
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Senior Executive Vice President, General Counsel and Corporate Operations
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Date: May 22, 2026