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Fitch Expects to Rate Wyndham's $350MM Senior Unsecured Notes Issuance 'BBB-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects to rate Wyndham Worldwide Corp.'s (WYN or the company) proposed issuance of $350 million of senior unsecured notes 'BBB-'. The Rating Outlook is Stable. A full list of rating actions follows at the end of the release. The 10-year notes will rank pari passu with Wyndham's existing unsecured notes and credit facility. Fitch expects the issuance to be completed on a leverage-neutral basis, with the company using the proceeds to paydown its outstandi

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