But the issuer also increased credit enhancement on the A and B notes, to 33.00% and 14.00%, respectively, from 30.50% and 11.50% in the 2014-2 transaction. Also pricing today are $120 million of securities issued by Hilton Grand Vacations under the Elara HGV Timeshare trust, according to a person familiar with the deal. The 2014-A deal issued $107 million of three-year, 'A'/'A' rated class A notes at 150 basis points over swaps. The three-year, 'BBB'/ 'BBB' rated class B notes priced at 200 basis points over swaps. The owners of the timeshares underlying Elara HGV are members of one of two clubs: Hilton Grand Vacations Club or the Hilton Club, both of which operate under the umbrella of the high-profile resort company. The clubs jointly have 200,000 members. There are 6,546 loans in the pool backing the deal, with an average balance of $17,393 and a weighted average coupon of 13.39%. The FICO scores of the underlying borrowers span a broad range, from 600 to 853, with a weighted average FICO score of 743.