Law360 | 4 Firms Build Hilton Vacation Co.’s $1.4B Timeshare Biz Buy

Alston & Bird client Hilton Grand Vacations (HGV), has entered into a definitive agreement to acquire Diamond Resorts International Inc. in a transaction valued at approximately $1.4 billion.

Alex Park, Rebecca Valentino, Bhanu Mathur, John Schippert, Shawna Tunnell, Tara Castillo, Anna French, and Kaitlin Owen are recognized for representing Hilton Grand Vacations Inc. in its $3 billion purchase of Diamond Resorts International Inc.

Alex Park, Rebecca Valentino, Bhanu Mathur, John Schippert, Shawna Tunnell, Tara Castillo,  Anna French, and Kaitlin Owen are noted for representing Hilton Grand Vacations in its $3 billion purchase of Diamond Resorts International.

Alex Park, Rebecca Valentino, Bhanu Mathur, John Schippert, Shawna Tunnell, Tara Castillo, Anna French, and Kaitlin Owen are noted for representing Hilton Grand Vacations in its announced acquisition of Diamond Resorts International, one of the top deals of the quarter.

Alston & Bird client Hilton Grand Vacations Inc. has closed a $269 million securitization of vacation ownership loans through Hilton Grand Vacations Trust 2022-2. This marks a second ABS transaction in 2022 for HGV. The transaction features four classes of securities: approximately $153 million of Class A notes; approximately $73 million of Class B notes; approximately $26 million of Class C notes; and approximately $17 million of Class D notes.