trending Market Intelligence /marketintelligence/en/news-insights/trending/j-moIc89uAsyGJpwanv2bQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Wyndham Worldwide closes $375M term securitization deal

Commercial Real Estate: 2020 Review

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Wyndham Worldwide closes $375M term securitization deal

Wyndham WorldwideCorp. closed a term securitization deal involving the issuance of $375million of notes backed by vacation ownership loans.

The issuance comprises $298 million of A-rated notes and $77million of BBB-rated notes. The notes had respective coupons of 2.33% and 2.78%,for an overall 2.42% weighted average coupon. The transaction's advance rate was90.00%.

Wyndham Vacation Ownership's indirect unit, Sierra Timeshare2016-2 Receivables Funding LLC, conducted the issuance.