Business
Travel + Leisure Co. Successfully Executes $869 million Secured Term Loan B Facility Repricing
ORLANDO, Fla., December 10, 2025--Travel + Leisure Co. (NYSE:TNL) announced today the closing of the Eighth Amendment to its Credit Agreement, which established new pricing terms for the $869 million of outstanding borrowings under the 2024 Term Loan B Facility. The repricing reduces the applicable interest rate on the 2024 Term Loan B Facility by 50 basis points from SOFR plus 2.50% to SOFR plus 2.00%. The 2024 Term Loan B Facility maturity date remains December 14, 2029.
About this update from Travel Leisure Co.
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