---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-25-000338"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2025-12-10T23:59:59+00:00"
generated_at: "2026-05-16T13:37:44.708530+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Travel + Leisure reprices $869M term loan B, cutting rate by 50 bps to SOFR+2.00%

## Summary
- Repriced $869 million outstanding borrowings under the 2024 Term Loan B Facility.
- Applicable interest rate reduced by 50 basis points from SOFR+2.50% to SOFR+2.00%.
- Maturity date remains December 14, 2029; no extension.
- Prepayment at any time, but 1.00% premium if repricing-related prepayment within first six months.

## SEC filing metadata
- accession: 0001361658-25-000338
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2025-12-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361658/000136165825000338/0001361658-25-000338-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165825000338/wyn-20251210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-25-000338
- JSON: https://secwatch.observer/filing/0001361658-25-000338.json
- Plain text: https://secwatch.observer/filing/0001361658-25-000338.txt

## Key facts
- Material Agreements
  Travel & Leisure Co. amended Eighth Amendment to Credit Agreement with Bank of America, N.A. valued at Repriced $869 million of outstanding borrowings under the 2024 Term Loan B Facility; interest rate c (effective 2025-12-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: Repriced $869 million of outstanding borrowings under the 2024 Term Loan B Facility; interest rate c
  - Effective: 2025-12-10
  source text: On December 10, 2025, Travel + Leisure Co. (the “Borrower”) entered into the Eighth Amendment (the “Eighth Amendment”) to that certain Credit Agreement, dated as of May 31, 2018, among the Borrower, the lenders from time to time party thereto, Bank of America, N.A., as administrative agent and the other parties thereto (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361658/000136165825000338/0001361658-25-000338-index.htm

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