Print Email Reprints Share

Starwood Vacation Ownership (SVO) has just priced a $280,000 deal backed by vacation ownership loans related to 17 SVO properties that are located in the U.S. Virgin Islands, Orlando, FL., and Scottsdale, Arizona, among others.

The transaction comprises two tranches: an 'A'-rated $256 million class A tranche that priced at 265 basis points over swaps and a 'BBB'-rated $24 million class B portion that priced at 375 basis points over swaps. The 144A deal was rated by Standard & Poor's.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.
Learn More

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.
Get 30-Day Free Trial