Wyndham Destinations Completes $450 Million Term Securitization
July 24, 2019
July 24, 2019
PARSIPPANY, New Jersey, July 24 -- Wyndham Destinations, a hospitality company, issued the following news release:
Wyndham Destinations, Inc. (NYSE:WYND) announced today that it has completed a term securitization transaction involving the issuance of $450 million of asset-backed notes. Sierra Timeshare 2019-2 Receivables Funding LLC issued approximately $188 million of Class A Notes, approximately $116 million of Class B Notes, approximately $101 million of Class C Notes, and appro . . .
Wyndham Destinations, Inc. (NYSE:WYND) announced today that it has completed a term securitization transaction involving the issuance of $450 million of asset-backed notes. Sierra Timeshare 2019-2 Receivables Funding LLC issued approximately $188 million of Class A Notes, approximately $116 million of Class B Notes, approximately $101 million of Class C Notes, and appro . . .