Alston & Bird Represents Platinum Equity in Acquisition of Majority Interest in Horizon Organic and Wallaby

Alston & Bird advised Variant Equity Advisors in connection with the financing of its $271.4 million acquisition of the North American operations of Stagecoach Group plc, consisting of Coach USA, Megabus Canada, and all North American subsidiaries.

Alston & Bird client Regional Management Corp., a diversified consumer finance company, has expanded its warehouse facility capacity to $300 million by closing on a new warehouse facility with JP Morgan.

Alston & Bird client Regional Management Corp., a diversified consumer finance company, has closed its ninth securitization, a private offering of $200 million of asset-backed notes.

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.

Alston & Bird client Hilton Grand Vacations Inc. has completed an upsized revolving warehouse facility for $750 million, which will accommodate both right-to-use and deeded inventory.