---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-24-000222"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2024-12-11T23:59:59+00:00"
generated_at: "2026-05-29T04:40:01.595632+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Travel + Leisure Co. closes $875M term loan B refinancing, extends maturity, saves ~$5M/yr interest

## Summary
- Established $875M 2024 Term Loan B Facility, matures December 14, 2029, at SOFR + 250 bps par.
- Replaces and reprices $593M of 2023 term loan B; refinances $282M of 2018 term loan due May 2025.
- Annual interest savings of nearly $5 million with no original issue discount.
- Facility prepayable without premium except 1.00% if repriced within first six months.
- CFO cited favorable market conditions and solid investor demand enabling the transaction.

## SEC filing metadata
- accession: 0001361658-24-000222
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2024-12-11T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361658/000136165824000222/0001361658-24-000222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165824000222/wyn-20241210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-24-000222
- JSON: https://secwatch.observer/filing/0001361658-24-000222.json
- Plain text: https://secwatch.observer/filing/0001361658-24-000222.txt

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