---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-25-000291"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2025-08-19T23:59:59+00:00"
generated_at: "2026-05-17T11:23:10.874965+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Travel + Leisure Co. issues $500M 6.125% senior secured notes due 2033 to redeem 2025 notes

## Summary
- Issued $500M of 6.125% senior secured notes due 2033; net proceeds to redeem all $500M 6.60% secured notes due Oct 2025.
- Notes priced with optional redemption at make-whole prior to Aug 15, 2028; thereafter at specified premiums, par after Aug 15, 2030.
- Redemption of 2025 Notes set for September 4, 2025; conditions precedent satisfied.
- Proceeds also used to repay revolver borrowings and pay offering fees; remaining for general corporate purposes.
- Notes are senior secured, equal in right with existing senior debt; not guaranteed but subsidiary guarantees may be added later.

## SEC filing metadata
- accession: 0001361658-25-000291
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2025-08-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361658/000136165825000291/0001361658-25-000291-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165825000291/wyn-20250819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-25-000291
- JSON: https://secwatch.observer/filing/0001361658-25-000291.json
- Plain text: https://secwatch.observer/filing/0001361658-25-000291.txt

## Key facts
- Debt Financings
  Travel & Leisure Co. incurred senior notes of $500,000,000 aggregate principal amount with BofA Securities, Inc. and certain other initial purchasers at 6.125% per year maturing due 2033.
  - Instrument: senior notes
  - Principal: $500,000,000 aggregate principal amount
  - Counterparty: BofA Securities, Inc. and certain other initial purchasers
  - Rate: 6.125% per year
  - Maturity: due 2033
  - Event: incurrence
  source text: the issuance and sale of $500,000,000 aggregate principal amount of 6.125% senior secured notes due 2033
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361658/000136165825000291/0001361658-25-000291-index.htm

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