New York, November 14, 2016 -- Moody's Investors Service, ("Moody's") today rated Hilton Grand Vacations Borrower LLC's ("HGV") proposed $300 million senior unsecured notes at Ba3. At the same time, Moody's assigned a Ba2 Corporate Family Rating, Ba2-PD Probability of Default Rating, and SGL-1 Speculative Grade Liquidity rating. The rating outlook is stable. This is the first time that Moody's has rated Hilton Grand Vacations Borrower LLC.
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