Orange Lake Resorts gets $500 million five-year revolver via SunTrust

By Marisa Wong

Morgantown, W.Va., April 4 – Orange Lake Resorts announced a new $500 million five-year revolving credit facility led by SunTrust Bank.

The company said the credit facility will give it additional flexibility to support its future growth strategy.

SunTrust Robinson Humphrey, Inc., Merrill Lynch, Pierce, Fenner & Smith Inc., JPMorgan Chase Bank, NA, Regions Bank and Citizens Bank, NA acted as joint lead arrangers with SunTrust Bank as the administrative agent.

Orlando, Fla.-based Orange Lake operates the Holiday Inn Club vacation property brand.

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