{"schema_version":"secwatch.filing_event.v1","accession":"0001524358-22-000037","form_type":"8-K","ticker":"VAC","cik":"0001524358","company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.973092+00:00","generated_at":"2026-06-22T08:55:45.718048+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Marriott Vacations completes $280M vacation loan securitization; weighted avg rate 6.58%","bullets":["Issued $280M notes backed by $286M vacation ownership loans across four classes.","Class A ($181M at 6.11%), B ($45M at 6.55%), C ($32M at 7.62%), D ($22M at 9.0%); MVW retained Class D.","Proceeds: $259M from first three classes; $129M repaid warehouse facility, $124M for general corporate.","Redeemed MVW 2016-1 securitization (approx $22M) with loans purchased by LLC.","Weighted avg cost of funds for third-party notes 6.37%, overall weighted avg rate 6.58%."],"urls":{"canonical":"https://secwatch.observer/filing/0001524358-22-000037","json":"https://secwatch.observer/filing/0001524358-22-000037.json","markdown":"https://secwatch.observer/filing/0001524358-22-000037.md","text":"https://secwatch.observer/filing/0001524358-22-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1524358/000152435822000037/0001524358-22-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1524358/000152435822000037/vac-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T08:55:45.718048+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}