Wyndham Destinations, Inc. $650 Million Secured Notes Offering

Davis Polk advised the joint book-running managers on an offering by Wyndham Destinations, Inc. of $650 million aggregate principal amount of its 6.625% senior secured notes due 2026.

Headquartered in Orlando, Florida, Wyndham Destinations, Inc. is the world’s largest vacation ownership and exchange company. It offers everyday travelers the opportunity to own or exchange their vacation experience while enjoying the quality, flexibility and value that Wyndham delivers.

The Davis Polk corporate team included partner Derek Dostal and associates Yoojin Nairn-Kim and Joanna Sedlak. The finance team included associate Christopher Nairn-Kim. Counsel Ethan R. Goldman and associate Bradford Sherman provided tax advice. Associate Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.