04:55 PM EDT, 06/25/2025 (MT Newswires) -- Travel + Leisure ( TNL ) said Wednesday it amended its credit agreement to extend the maturity and improve the terms of a $1 billion revolving credit facility.

The new facility, now set to mature in June 2030, replaces the company's previous $1 billion revolver, which was due in October 2026.

Among other changes, the amendment reduces pricing spreads on borrowings and letters of credit by 25 basis points, the company said.