Travel + Leisure Co Announces New $1 Billion Credit Facility

Travel + Leisure Co ( (TNL) ) just unveiled an announcement.

On June 25, 2025, Travel + Leisure Co. announced the closing of the Seventh Amendment to its Credit Agreement, which established a new $1 billion revolving credit facility set to mature in June 2030. This amendment refinances the previous facility scheduled to mature in October 2026, offering improved terms such as reduced pricing spreads, elimination of the Term SOFR credit spread adjustment, and reduced minimum interest coverage ratio. These changes enhance the company’s financial flexibility, supporting its growth strategy and reflecting the stability of its business and strong banking relationships.

The most recent analyst rating on (TNL) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Travel + Leisure Co stock, see the TNL Stock Forecast page.

Spark’s Take on TNL Stock

According to Spark, TipRanks’ AI Analyst, TNL is a Outperform.

Travel + Leisure Co. demonstrates strong financial performance and attractive valuation, supported by a high dividend yield. Despite positive earnings and strategic initiatives, concerns over negative equity and segment-specific challenges require monitoring. The stock’s technical indicators are favorable, contributing to a solid overall score.

To see Spark’s full report on TNL stock, click here.

More about Travel + Leisure Co

Travel + Leisure Co. (NYSE: TNL) is a leading leisure travel company that provides over six million vacations annually through its portfolio of vacation ownership, travel club, and lifestyle travel brands. The company focuses on hospitality and responsible tourism, employing nearly 19,000 associates worldwide to fulfill its mission of putting the world on vacation.

Average Trading Volume: 733,153

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.29B

For detailed information about TNL stock, go to TipRanks’ Stock Analysis page.