Bluegreen Vacations Corporation and BBX Capital Corporation Announce Closing of Bluegreen Vacations’ Initial Public Offering

Bluegreen Vacations Corporation (NYSE: BXG) (“Bluegreen Vacations”) and its parent company, BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) (“BBX Capital”), jointly announced yesterday the closing of the initial public offering of Bluegreen Vacations’ common stock. Bluegreen Vacations sold 3,736,723 shares and a wholly owned subsidiary of BBX Capital sold 2,761,925 shares as a selling shareholder.

Bluegreen Vacations Launches Roadshow for its Proposed Initial Public Offering

Bluegreen Vacations Corporation (formerly Bluegreen Corporation) (“Bluegreen Vacations”) and its parent company, BBX Capital Corporation (NYSE: BBX)(OTCQX: BBXTB) (“BBX Capital”), announced today that Bluegreen Vacations has commenced an initial public offering of 6,498,648 shares of its common stock. Bluegreen Vacations is offering 3,736,723 shares and Woodbridge Holdings, LLC, a wholly owned subsidiary of BBX Capital (“Woodbridge”), is offering 2,761,925 shares as selling shareholder.

BBX Capital Corporation and Bluegreen Vacations® To Participate at the SunTrust Robinson Humphrey Fifth Annual Vacation Ownership & Exchange Conference

June 13, 2017 – BBX Capital Corporation (OTCQX: BBXT) announced today that Ray Lopez, Chief Financial Officer, and Leo Hinkley, Managing Director and Investor Relations Officer, will be hosting one-on-one and small group meetings with institutional investors at the SunTrust Robinson Humphrey Fifth Annual Vacation Ownership & Exchange Conference on Wednesday, June 21, 2017. The conference…

Liberty Bank Renews $50MM Receivables Loan with Bluegreen Vacations 

Wellington Financial, the exclusive resort finance lending correspondent for Liberty Bank, announced the bank has recently renewed a financing agreement with Bluegreen Vacations (“Bluegreen”). Bluegreen is a major vacation ownership sales, marketing and resort management company. The $50 million hypothecation loan will be used to finance vacation ownership interest notes receivable. “We’ve been lending to Bluegreen since 2008…