Wyndham Worldwide Completes $350 Million Term Securitization

March 27, 2017 – Wyndham Worldwide Corporation (NYSE: WYN) announced that it has completed a term securitization transaction involving the issuance of $350 million of asset-backed notes. Sierra Timeshare 2017-1 Receivables Funding LLC issued $276 million of A rated notes and $74 million of BBB rated notes. The notes were backed by vacation ownership loans…