Wyndham Worldwide is prepping a $250 million securitization of timeshare loans, according to Fitch Ratings.

The notes to be issued by Sierra Timeshare 2015-1 are backed by a pool of fixed-rate timeshare loans originated by three of the company’s subsidiaries, Wyndham Vacation Resorts, (WVRI), Wyndham Resort Development Corp. (WRDC) and Shell Vacations Club.

Subscribe Now

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

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.