Travel + Leisure Co. Completes $300 Million Asset-Backed Notes Securitization

Reuters

Oct 16, 2025

Travel + Leisure Co. Completes $300 Million Asset-Backed Notes Securitization

Travel + Leisure Co. $(TNL)$ has completed a $300 million term securitization transaction through its indirect subsidiary, Sierra Timeshare 2025-3 Receivables Funding LLC. The transaction involved the placement of asset-backed notes with an overall weighted average coupon of 4.78% and an advance rate of 98.00%. The securitization includes four classes of notes: $151 million of Class A Notes with a coupon of 4.44%, $61 million of Class B Notes with a coupon of 4.64%, $60 million of Class C Notes with a coupon of 4.98%, and $28 million of Class D Notes with a coupon of 6.54%. The transaction was completed as a private placement under Rule 144A and Regulation S. No URL for the full prospectus is provided in the document.

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: 20251015435181) on October 15, 2025, and is solely responsible for the information contained therein.

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Completes $300 Million Asset-Backed Notes Securitization","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Travel + Leisure Co. Completes $300 Million Asset-Backed Notes Securitization\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Travel + Leisure Co. <a href=\"https://laohu8.com/S/TNL\">$(TNL)$</a> has completed a $300 million term securitization transaction through its indirect subsidiary, Sierra Timeshare 2025-3 Receivables Funding LLC. The transaction involved the placement of asset-backed notes with an overall weighted average coupon of 4.78% and an advance rate of 98.00%. 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ID: 20251015435181) on October 15, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TNL","symbol_name":"Travel Plus Leisure Co.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251015:nNDL66PYrf:1","article_id":"2575732727","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575732727","pubTimestamp":1760547624,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Travel + Leisure Co.  has completed a $300 million term securitization transaction through its indirect subsidiary, Sierra Timeshare 2025-3 Receivables Funding LLC. 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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, invest","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TNL":"Travel Plus Leisure Co.","BK4142":"酒店、度假村与豪华游轮"},"translate_title":"Travel+Leisure Co.完成3亿美元资产支持票据证券化","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TNL":0.9},"content_text":"Travel + Leisure Co. Completes $300 Million Asset-Backed Notes Securitization\n    \n\n        Travel + Leisure Co. $(TNL)$ has completed a $300 million term securitization transaction through its indirect subsidiary, Sierra Timeshare 2025-3 Receivables Funding LLC. The transaction involved the placement of asset-backed notes with an overall weighted average coupon of 4.78% and an advance rate of 98.00%. 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