Travel + Leisure (TNL) Co. announced that it completed a term securitization transaction involving the issuance of $325M in principal amount of asset-backed notes with an overall weighted average coupon of 5.11%. The advance rate for this transaction was 98.00%. “This transaction reflects the consistency of our platform and our ability to access capital even in a more volatile market environment,” said Erik Hoag, CFO of Travel + Leisure Co. “We’re pleased with both the execution and the terms achieved, which strengthen our liquidity and position us well as we move through 2026.”
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