Westgate Preps Timeshare ABS

Orlando-Fla.-based Westgate Resorts is marketing a $165 million asset-backed securitization backed by timeshare payment receivables this week.

  • 04 Apr 2012

Orlando-Fla.-based Westgate Resorts is marketing a $165 million asset-backed securitization backed by timeshare payment receivables this week. SI first reported that the hospitality group was roadshowing the deal last month (SI, 3/12).

The transaction, which Standard & Poor’s is expected to rate, consists of a $110 million A ...

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