Interval Leisure Group, Inc. (NASDAQ: IILG) announced today that its subsidiary, Interval Acquisition Corp., has entered into an amended and restated $500 million revolving credit facility, replacing its existing $50 million revolving credit facility and term loan with an original principal amount of $150 million that was set to expire in July 2013. The amended credit facility expires in June 2017 and is guaranteed by Interval Leisure Group, Inc. and the Borrower’s domestic subsidiaries. Loans under the amended facility bear interest at a per annum rate equal to LIBOR plus 1.25% to 2.25%, based on the Borrower’s consolidated leverage ratio (the beginning LIBOR margin will be 1.75%). Proceeds from the new credit facility are available for general corporate purposes, including working capital, capital expenditures, acquisitions, and redemption of the company’s $300 million 9.5% Senior Notes, due August 2016 and callable September 1, 2012 at par. Additional details regarding the credit facility are available in the Current Report on Form 8-K filed with the Securities and Exchange Commission on June 21, 2012. About Interval Leisure Group Interval Leisure Group (ILG) is a leading global provider of membership and leisure services to the vacation industry. Headquartered in Miami, Florida, ILG has more than 3,500 employees worldwide. The company’s primary operating segment is Membership and Exchange, which offers travel and leisure related products and services to about 2 million member families who are enrolled in various programs. Interval International, the segment’s principal business, has been a leader in vacation ownership exchange since 1976. With offices in 15 countries, it operates the Interval Network of approximately 2,700 resorts in more than 75 nations. ILG delivers additional opportunities for vacation ownership exchange through its Trading Places International (TPI) and Preferred Residences networks. ILG also has a Management and Rental operating segment that includes Aston Hotels & Resorts, Vacation Resorts International, and TPI. These businesses provide hotel, condominium resort, timeshare resort, and homeowners’ association management, as well as rental services, to travelers and owners at more than 200 vacation properties, resorts and club locations throughout North America.