Wyndham Worldwide is marketing its 33rd securitization of timeshare loans.

The $300 million Sierra Timeshare 2017-1 Receivables Funding will issue two notes series, a $326.67 million Class A series with a preliminary ‘A’ structured finance rating from both Fitch Ratings and Standard & Poor's; and a Class B series totaling $63.33 million with a ‘BBB’ ratingfrom both agencies.

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