Short article about Marriott selling $205 million in notes

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

Marriott closes timeshare notes private placement - News Wires - CNBC.com

Marriott International Inc. said Monday it has completed a private placement of about $205 million in notes backed by timeshare loans.

Another:

http://money.cnn.com/news/newsfeeds/...___NE80916.htm

[jmc Member Find all posts View Profile Close jmc]

Marriott link to financial data

Marriott International - Financial Press Releases

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

Excellent article with details of the transaction..

FT.com / Mergermarket - Timeshare receivables market doors cracked but not open

[thinze3 Member Find all posts View Profile Close thinze3]

Good read. Thanks for posting it.

Terry

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Back some time ago maybe as much as 3 years, a large part of Marriott's profits came from selling timeshare notes. I decided Marriott stock was not worth a further look.