Interval Leisure (NASDAQ:IILG) Changes $500 Million Credit Facility – IILG, WYN, EXPE, PCLN

The Miami-based Interval Leisure Group, Inc (NASDAQ:IILG), which controls time share properties, reported that one of its subsidiaries has entered into an amended and restated $500 million revolving credit capability.

The latest facility restores corporation’s present $50 million revolving credit facility and term loan that was set to expire in July 2013. The adjusted facility expires in June 2017.

The company reported on late Thursday that the loans bear interest at a yearly rate up to London interbank offered rate plus 1.25% to 2.25%, based on Interval’s consolidated leverage ratio.

Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. Wyndham Worldwide Corporation (NYSE:WYN) fell -0.37% to settle at $51.26, Expedia Inc (NASDAQ:EXPE) moved up +0.42% to end at $48.03 while Priceline.com Inc (NASDAQ:PCLN) jumped +1.43% to finish on Friday at $666.98.

Interval Leisure Group, Inc. (NASDAQ:IILG) last session volume of 841,478.00 shares was higher than its average volume of 210,031.00 shares. The stock after opening at $19.80 hit high price of $19.80 and then closed at $18.91 by scoring +6.60%.

IILG generated revenue of 438.55 million in the following twelve months and earned $43.16 million. The Company showed a positive 9.84% in the net profit margin and as well as in its operating margin which remained 23.25%. Company’s annual sales growth for the past five year was 8.24%.

The IILG past twelve months price to sales ratio was 2.44 and price to cash ratio remained 5.94. As far as the returns are concern, the IILG return on equity was recorded as 17.24% and increased 5.37% return on investment while its return on asset stayed at 4.27%.

The stock showed weekly upbeat performance of +8.74% which was maintained for the month at +14.81%. Likewise the positive performance for the quarter was recorded as +12.76% and for the year was +43.04% while the YTD performance remained at +40.59%.

DO NOT TRADE ANY STOCK WITHOUT LEVEL 2 STOCK QUOTES! QuoteDaddy.com delivers it's user with the most in-depth Level 2 Quotation System available on the Planet! NO Downloads, NO Widgets, NO Plugins required! Stay on TOP of your trades with QuoteDaddy.com! CLICK HERE TO START YOUR FREE 30-DAY TRIAL

This entry was posted in Main Post, Services and tagged , , , , , , , , , , , . Bookmark the permalink.