Marriott Vacations Worldwide Completes $460 Million Vacation Ownership Loan Securitization
Bitget2026/10/27 14:32Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Marriott Vacations Worldwide completed a $460 million securitization of vacation ownership loans.
- The notes carry a blended interest rate of 5.91%, with a gross advance rate of 98%.
- The transaction is backed by approximately $470 million of vacation ownership loans.
- Net proceeds will repay outstanding credit facility obligations and fund other general corporate purposes.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marriott Vacations Worldwide Corporation published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.
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