Wyndham completes largest timeshare ABS since 2007

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Wyndham completes largest timeshare ABS since 2007

Jennifer Kang
August 18, 2020 01:30 PM
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International hotel chain Wyndham Destinations completed a $575m timeshare securitization on Monday, boosted by strong investor demand and a low benchmark rate. The deal was increased by $175m, making it the largest term ABS from Wyndham since 2007.

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