Travel + Leisure Co. Completes $325 Million Term Securitization

Core Viewpoint - Travel + Leisure Co. has successfully completed a term securitization transaction, issuing $325 million in asset-backed notes with a weighted average coupon of 5.11% [1] Financial Summary - The total principal amount of the asset-backed notes issued is $325 million [1] - The overall weighted average coupon for the notes is 5.11% [1] - The advance rate for this transaction was 98.00% [1] Management Commentary - The Chief Financial Officer of Travel + Leisure Co., Erik Hoag, stated that this transaction demonstrates the consistency of the company's platform and its ability to access capital in a volatile market environment [1]