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Get filing alertsTravel & Leisure issues $900M notes at 6.25% to refinance 2026 debt, extends maturity to 2031
Filed May 20, 2026 · Period ending May 20, 2026 · ~1 min read
Key Changes
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Issued $900 million in 6.250% senior secured notes due 2031, lowering interest rate from 6.625% on maturing 2026 notes while extending debt maturity by five years.
Item 1.01 verify on EDGAR → -
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Proceeds will redeem all outstanding 2026 notes (due July 2026), pay down revolving credit facility, and fund general corporate purposes—improving near-term debt maturity profile.
Item 1.01 verify on EDGAR → -
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Confirmed redemption of 2026 notes on May 22, 2026 after satisfying all conditions, completing the refinancing transaction within two days of issuance.
Item 8.01 verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · May 25, 2026 · How we verify