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Travel + Leisure completes $300 million asset — backed note issuance
Travel + Leisure completes $300 million term securitization through issuance of asset-backed notes. Overall weighted average coupon is 6.18%; the transaction's advance rate is 98%. The third term securitization of 2026 brings total annual asset-backed securities issuance to $925 million, each at a 98% advance rate. Dis
Travel + Leisure Co. Completes $300 Million Term Securitization
For best results when printing this announcement, please click on link below: Travel + Leisure Co. Completes $300 Million Term Securitization Travel + Leisure Co. ( ) (NYSE:TNL) announced today it completed a term securitization transaction involving the issuance of $300 million in principal amount of asset-backed note