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Travel + Leisure (TNL) Reprices and Upsizes Secured Term Loan Facility to $598M

Travel + Leisure (TNL) Reprices and Upsizes Secured Term Loan Facility to $598M
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Travel + Leisure Co Successfully Reprices and Upsizes Secured Term Loan B Facility to $598 Million

Travel + Leisure Co. announced today the closing of the Fifth Amendment to its Credit Agreement, which established $598 million of incremental term loans . The 2023 Term Loan B Facility refinanced.

Travel + Leisure Co Successfully Reprices and Upsizes Secured Term Loan B Facility to $598 Million

Travel + Leisure Co Successfully Reprices and Upsizes Secured Term Loan B Facility to $598 Million
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Wyndham Hotels & Resorts announces Successful Completion of Refinancing Transaction

Wyndham Hotels & Resorts, Inc. (NYSE: WH) (the Company ) today announced that it successfully completed the refinancing of its previously outstanding Senior Secured Term Loan B Facility due May 2025 (the Term Loan B due 2025 ). The Company closed on a new $1.1 billion Senior Secured Term Loan B Facility (the New Term Loan B ), which will mature in May 2030. The net proceeds from the New Term Loan B were used to repay all outstanding principal under its Term Loan B due 2025.

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