---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-21-000278"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2021-11-22T23:59:59+00:00"
generated_at: "2026-06-28T06:03:41.145628+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Travel+Leisure issues $650M of 4.50% senior secured notes due 2029 to refinance near-term debt

## Summary
- Issued $650M aggregate principal of 4.50% senior secured notes due December 1, 2029.
- Proceeds plus cash on hand to redeem all of its 4.25% secured notes due March 2022.
- Notes rank equal with existing senior indebtedness, are secured, and are not guaranteed.
- Interest payable semi-annually beginning June 1, 2022; callable at make-whole prior to Sept 1, 2029.
- Change of control trigger requires repurchase at 101% of principal.

## SEC filing metadata
- accession: 0001361658-21-000278
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2021-11-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361658/000136165821000278/0001361658-21-000278-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165821000278/wyn-20211118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-21-000278
- JSON: https://secwatch.observer/filing/0001361658-21-000278.json
- Plain text: https://secwatch.observer/filing/0001361658-21-000278.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.