secwatch.observer — SEC 8-K summary
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Issuer:     Travel & Leisure Co. (TNL)
CIK:        0001361658
Form:       8-K
Filed at:   2025-12-10T23:59:59+00:00
Accession:  0001361658-25-000338
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361658/000136165825000338/0001361658-25-000338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361658/000136165825000338/wyn-20251210.htm
  HTML page:      https://secwatch.observer/filing/0001361658-25-000338

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