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Travel + Leisure completes USD 300 million asset-backed notes securitization

Travel + Leisure completes USD 300 million asset-backed notes securitization

ReutersReuters2026/07/20 19:15
By:Reuters
  • Travel + Leisure completed a USD 300 million term securitization of asset-backed notes at a 5.52% weighted average coupon.
  • Sierra Timeshare 2026-2 Receivables Funding issued four note classes totaling USD 300 million, led by USD 136 million of Class A notes.
  • The transaction carried a 98% advance rate, signaling strong investor demand for the company’s receivables platform.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Travel + Leisure Co. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260720949815) on July 20, 2026, and is solely responsible for the information contained therein.

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