TNL News - Candlesense

Travel + Leisure Co. Declares Cash Dividend

ORLANDO, Fla.--(BUSINESS WIRE)--The board of directors of Travel + Leisure Co. (NYSE:TNL) declared a regular cash dividend on the company's common stock of $0.56 per share, payable September 30, 20...

Will the dividend payout influence the company's credit metrics or debt covenants? How might the dividend affect the perception of the stock among income‑focused investors? Are there any upcoming capital expenditures or strategic initiatives that could influence future dividend policy?

Dividends

28 days ago

Travel + Leisure Co. Announces Pricing of $500 Million of Senior Secured Notes Due 2033 With Optional Redemption

ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) (the “Company”) announced today the pricing of its private offering (the "Offering") of $500 million aggregate principal amount of it...

What are the risks associated with this increased debt load in the context of the current economic environment? How might the private offering's pricing and discount (if any) reflect the market's view of TNL's creditworthiness? What are the potential long‑term implications for the company's capital structure and growth initiatives after this redemption?

Financing

about 1 month ago

Travel + Leisure Co. Announces Launch of Senior Secured Notes Offering

ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) (the “Company”) announced today that it has launched a private offering (the "Offering") of $500 million aggregate principal amount o...

How might this financing move affect the company’s competitive positioning within the travel and leisure industry? Are there any potential regulatory or tax implications related to the note redemption and new issuance? What impact could this issuance have on the company’s dividend policy or buyback plans?

Finance

about 1 month ago