Travel + Leisure Co. Announces Pricing of $900 Million of Senior Secured Notes Due 2031

ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) (the “Company”) announced today the pricing of its private offering (the "Offering") of $900 million aggregate principal amount of its senior secured notes due 2031 (the "Notes"). The Offering is expected to close on May 20, 2026. The closing of the Offering is subject to the satisfaction of customary and market conditions. The Company intends to use the net proceeds of this Offering to redeem all of the Company's outstanding 6.625.
Open original source