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Wyndham Worldwide Corporation Notes Improvement in Timeshare Division

Wyndham recently announced that its Orlando-based timeshare division issued $350 million in notes backed by timeshare receivables. Tom Conforti, Wyndham’s chief financial officer was quoted as saying that the transactions suggest a steadily improving asset-backed securities market, evidenced by significantly better pricing.

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This entry was posted on Tuesday, November 10th, 2009 at 9:00 am and is filed under Florida Timeshares, Orlando Timeshares, Timeshare Industry, Timeshare News, USA Timeshares . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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