Alston & Bird client Hilton Grand Vacations Inc. has closed a $246 million securitization of vacation ownership loans through Hilton Grand Vacations Trust 2022-1D.
The transaction features four classes of securities: Class A notes of approximately $106 million, Class B notes of approximately $84 million, Class C notes of approximately $22 million, and Class D notes of approximately $33 million.
Advising Hilton Grand Vacations on the transaction was an Alston & Bird team led by partners Alex Park (Capital Markets & Securities) and Tara Castillo (Finance); and assisted by partner Mark Harris, senior associate Anna French, associates Krishna Pathak and Aryeh Wolosow, and paralegal Eleanor McCarter (Finance); partner Clay Littlefield (Federal & International Tax); partner Jonathan Rose (Employee Benefits & Executive Compensation); counsel William Hao and senior associate Jacob Johnson (Financial Restructuring & Reorganization); and senior associate Bhanu Mathur (Capital Markets & Securities).