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Wells Fargo, Interval Leisure Group Increase Credit Facility to $600MM

April 09, 2014, 07:46 AM
Filed Under: Travel and Leisure

Interval Leisure Group, Inc. (NASDAQ: IILG) announced today that its subsidiary, Interval Acquisition Corp., has entered into an amendment and incremental revolving commitment agreement, increasing its existing $500 million revolving credit facility to $600 million and extending the term to April 2019.

An SEC 8-K filing notes that Wells Fargo Bank serves as the administrative agent on the facility. To view the filing, click here.

Interval Leisure Group (ILG) is a leading global provider of membership and leisure services to the vacation industry. Headquartered in Miami, Florida, ILG has approximately 5,000 employees worldwide. The company’s Membership and Exchange segment offers leisure and travel-related products and services to about 2 million member families who are enrolled in various programs.

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