Travel + Leisure closes $300M asset-backed securitization at 5.52% coupon
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Travel + Leisure Co. Completes $300 Million Term Securitization
July 20, 2026 3:15 PM EDTORLANDO, Fla.--(BUSINESS WIRE)-- 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 notes with an overall weighted average coupon of 5.52%. The advance rate for this transaction was 98.00%.
The ABS market has long been an important funding source... More
