TNL
Travel + Leisure Co. Completes $300 Million Term Securitization
Article Summary
HOLD- Travel + Leisure Co. (NYSE: TNL) completed a term securitization transaction involving the issuance of $300 million in principal amount of asset-backed notes with an overall weighted average coupon of 5.52%.
- The ABS market has long been an important funding source for Travel+Leisure Co., providing efficient access to capital with attractive economics.
- Sierra Timeshare 2026-2 Receivables Funding LLC issued $136 million of Class A Notes, $52 million of Classes B, C, and D notes with coupons ranging from 4.98% to 7.19%.
- The transaction was completed in reliance upon Rule 144A and Regulation S as a placement of securities not registered under the Securities Act of 1933 or any state securities law.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 3.9% | 25% | 20.0 ptsMinimal (3.9%) - Very weak |
| EPS Growth Next 5Y ? | 16.3% | 25% | 50.0 ptsMeets Minimum (16.3%) - Passes screener |
| Target Price Upside ? | 20.9% | 20% | 70.0 ptsGood Upside (20.9%) - Target: $87.75 vs Current: $72.56 |
| Gross Margin % ? | 30.1% | 15% | 40.0 ptsModerate (30.1%) - Adequate margins |
| Drawdown from 52-Wk High ? | -10.4% | 15% | 40.0 ptsMild Pullback (-10.4%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About TNL
- Travel + Leisure Co., together with its subsidiaries, provides hospitality services and travel products in the United States and internationally.
- The company operates in two segments, Vacation Ownership; and Travel and Membership.
- The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers, as well as offers consumer financing in connection with the sale of VOIs; and property management services at resorts; and This segment also experiences under hospitality and leisure brands, including Club Wyndham, WorldMark, Margaritaville Vacation Club, Sports Illustrated Resorts, Eddie Bauer Adventure Club, And Accor Vacation Club.
- The Travel and Membership segment operates various travel businesses, including vacation exchange brands, travel technology platforms, travel memberships, and direct-to-consumer rentals.
- This segment also offers business-to-business private-label travel club solutions and facilitates bookings.
- Travel + Leisure Co. has a strategic alliance with Hornblower Group, Inc.
- The company was formerly known as Wyndham Destinations, Inc. and changed its name to Travel + Leisure Co. in February 2021.
- Travel + Leisure Co. was founded in 1990 and is headquartered in Orlando, Florida.