The Firm represented certain entities affiliated with The Blackstone Group L.P. in connection with their $183.5 million secondary sale of 5,110,000 shares of common stock of Hilton Grand Vacations Inc. The shares were offered and sold directly to investors in privately negotiated transactions pursuant to Hilton Grand Vacation’s effective shelf registration statement.
Hilton Grand Vacations (NYSE: HGV) is recognized as a leading global timeshare company. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations.
The Simpson Thacher team included Edgar Lewandowski (Capital Markets – NY); Joshua Ford Bonnie, Jonathan Pacheco and Natalie Karam (Capital Markets – D.C.); John Hart, Andrew Purcell, George Davis and Christopher Murray (Tax); Jonathan Lindabury (Derivatives); Jennifer Levitt, Jacob Agi and Mimi Cheng (Credit); and James Rapp (Public Company Advisory Practice).