Wyndham timeshare deal too tight for real money

Fiji Islands
By Ryan Bolger
12 Mar 2015

Wyndham Consumer Finance's latest timeshare ABS issuance is expected to launch too tightly for long money investors who used to be big buyers of esoteric products.

A shift to fast money subscribers for timeshare ABS is believed to have begun a couple of years ago when yields for the asset class declined too much for real money investors to justify the long value.

“This deal is going to be too tight for the real ...

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