Diamond prices timeshare ABS as domestic travel prospects improve
Diamond Resorts returned to the securitization market after a two year hiatus, pricing at one of the tightest spreads the issuer has seen to date all across the capital stack. Sources say they attribute the tight spreads to improving prospects for domestic travel, as consumers are looking to scratch their pent up urge for leisure travel by visiting nearby hotels rather than go abroad.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: