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WYN » Topics » Renewal of Bank Conduit Facility

This excerpt taken from the WYN 10-Q filed Nov 8, 2007.
        Renewal of Bank Conduit Facility
 
On October 30, 2007, the Company renewed its 364-day securitized vacation ownership bank conduit facility through October 2008. This facility bears interest at variable rates based on LIBOR and usage and its capacity was increased from $1.0 billion to $1.2 billion in connection with its renewal.
 
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