Wyndham Worldwide is planning its second securitization of timeshare loans of the year, according Fitch Ratings.

The $275 million transaction, called Sierra Timeshare 2015-2, will be backed by a pool of fixed-rate timeshare loans originated by three of Wyndham Worldwide’s subsidiaries: Wyndham Vacation Resorts, (WVRI), Wyndham Resort Development Corp. (WRDC) and Shell Vacations Club. All of the notes reach final maturity in June 2032.

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.