ILG Completes Securitization of Vacation Ownership Notes

ILG announced today that it has completed a term securitization transaction involving the issuance of $325 million of asset-backed notes. VSE 2017-A VOI Mortgage LLC, an indirect wholly-owned subsidiary of Vistana Signature Experiences, Inc. (“Vistana”) issued these notes in three tranches: $240 million of Class A notes rated AAA/AAA with an interest rate of 2.33%; $59 million of Class B notes rated A/A with an interest rate of 2.63%; and $26 million of Class C notes rated BBB/BBB with an interest rate of 2.93%. The notes are backed by vacation ownership loans from both Vistana Signature Experiences and Hyatt Vacation Ownership and had an overall weighted average coupon of 2.43%. The advance rate for this transaction was approximately 97%.

ILG Recognized as One of Fortune’s “100 Fastest-Growing Companies”

ILG, Inc. (Nasdaq: ILG), a leading provider of professionally delivered vacation experiences and the exclusive global licensee for the Hyatt®, Sheraton®, and Westin® brands in vacation ownership, announced it has been named to the 2017 Fortune magazine list of the 100 Fastest-Growing Public Companies, ranking 87th overall. This is the company’s first year on the prestigious list, which recognizes the best three-year performers in terms of revenues, profits, and stock return.

ILG Reports Second Quarter 2017 Results

August 4, 2017 – ILG (Nasdaq: ILG) yesterday announced results for the second quarter ended June 30, 2017. “We are pleased with our results for the second quarter, which reflect a significant contribution from Vistana. On a pro forma basis, our branded vacation ownership sales and marketing platform delivered an increase of 21% in consolidated…

The Westin Los Cabos Resort Villas & Spa Opens As An All-Villa Oceanfront Resort On Mexico’s Pacific Coast

Reinforcing the Resurgence of Los Cabos as a Premier Destination, the Resort Sets a New Standard for Well-being in the Region June 20, 2017 – Vistana™ Signature Experiences, owner and operator of Westin Vacation Club resorts and an operating business of ILG (Nasdaq: ILG), today announced the grand opening of The Westin Los Cabos Resort…