Wyndham Destinations Completes $300 Million Term Securitization
October 23, 2019
October 23, 2019
ORLANDO, Florida, Oct. 23 -- 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 $300 million of asset-backed notes. Sierra Timeshare 2019-3 Receivables Funding LLC issued approximately $126 million of Class A Notes, approximately $81 million of Class B Notes, approximately $66 million of Class C Notes, and approximately . . .
Wyndham Destinations, Inc. (NYSE:WYND) announced today that it has completed a term securitization transaction involving the issuance of $300 million of asset-backed notes. Sierra Timeshare 2019-3 Receivables Funding LLC issued approximately $126 million of Class A Notes, approximately $81 million of Class B Notes, approximately $66 million of Class C Notes, and approximately . . .