Bluegreen Corp. is returning to the securitization market after a one-year hiatus. The originator plans to offer $118 million of securities that are backed by timeshare loans.

The deal, BXG Receivable Note Trust 2015-A, is structured with $89 million of class A notes rated ‘A’ and $28.4 million of class B notes rated ‘BBB’ by DBRS. The notes are due May 2030 and the transaction is expected to close Jan. 29 of this year.

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