LV Tower 52 has launched a US$157m timeshare ABS, marking the firm's first transaction that Fitch has not capped at single-A. Elara HGV Timeshare Issuer 2017-A is backed by 5,309 timeshare loans tied to a single resort in Las Vegas.
Fitch and S&P have rated the US$105.48m class A notes at triple-A, US$31.48m
Not yet registered? Join today to access SCI Content.