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Published on 9/10/2015 in the Prospect News Investment Grade Daily.

Wyndham Worldwide plans to price notes via three bookrunners

By Aleesia Forni

Virginia Beach, Sept. 10 – Wyndham Worldwide Corp. intends to price an offering of notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes will feature a make-whole call and a change-of-control put at 101%.

Bookrunners are J.P. Morgan Securities LLC, BofA Merrill Lynch and Goldman Sachs & Co.

Proceeds will be used to retire debt, including commercial paper and debt outstanding under a revolving credit facility, and for general corporate purposes.

The hospitality and lodging company is based in Bethesda, Md.


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