---
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"
generated_at: "2026-06-22T08:55:45.718048+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations completes $280M vacation loan securitization; weighted avg rate 6.58%

## Summary
- 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%.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001524358-22-000037
- JSON: https://secwatch.observer/filing/0001524358-22-000037.json
- Plain text: https://secwatch.observer/filing/0001524358-22-000037.txt

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