Travel + leisure co. completes $275 million term securitization

Orlando, fla.--(business wire)---- $tnl--travel + leisure co. (nyse:tnl) announced today that it has completed a term securitization transaction involving the issuance of $275 million of asset-backed notes. sierra timeshare 2022-1 receivables funding llc issued approximately $88 million of class a notes, approximately $81 million of class b notes, approximately $65 million of class c notes, and approximately $41 million of class d notes. the class a notes have a coupon of 3.05%, the class b notes have a
TNL Ratings Summary
TNL Quant Ranking