The latest deal issued by Welk Resort Group, called Welk Resorts 2013-A LLC, is the 11thtimeshare deal to be issued so far this year compared to 10 deals issued last year but the volume levels are the same, according to Standard & Poor’s. It boosts volumes for the asset class to $2.3 billion, according to Standard & Poor’s.

S&P assigned the deal’s class A tranche with 12% overcollateralization a ‘A’ rating, and a ‘BBB+’ rating to the class B notes structured with 3.25% overcollateralization.

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