Diamond Resorts International Announces the Closing of $30,990,000 Timeshare Loan Backed Notes
27 September 2013 - 6:13AM
Business Wire
Diamond Resorts International, Inc. (NYSE: DRII) announced today
that Diamond Resorts Tempus Owner Trust 2013, an indirect
wholly-owned subsidiary of Diamond Resorts International, Inc.,
issued $30,990,000 of its timeshare loan backed notes on September
20, 2013. The notes mature on December 20, 2023.
Mountcliff Funding, LLC was the initial conduit purchaser,
Credit Suisse AG, Cayman Islands Branch, was the initial conduit
liquidity provider and Credit Suisse AG, New York Branch, acted as
the managing agent for the initial purchaser group.
The notes have not been registered under the Securities Act of
1933, as amended (the “Securities Act”), or the securities laws of
any state or other jurisdiction, and may not be offered or sold in
the United States without registration or an applicable exemption
from the Securities Act and applicable state securities laws. All
of such securities having been sold, this announcement of their
sale appears as a matter of record.
About Diamond Resorts International®
Diamond Resorts International®, with its network of more than
300 vacation destinations located in 33 countries throughout the
continental United States, Hawaii, Canada, Mexico, the Caribbean,
South America, Central America, Europe, Asia, Australia and Africa
provides guests with choices and flexibility as they design their
dream vacation, whether they're traveling an hour away or around
the world. Our hassle-free, relaxing vacations give guests a truly
memorable experience every time, for a lifetime.
Diamond Resorts International® manages vacation ownership
resorts and sells vacation ownership points that provide our
members with access to 92 managed resorts, 210 affiliated
properties and four cruise itineraries through THE Club® at Diamond
Resorts International®. To learn more, visit
www.DiamondResorts.com.
Media:Diamond Resorts International, Inc.Stevi WaraTel:
1.702.823.7069; Fax:
1.702.684.8705media@diamondresorts.comorInvestors:Sloane &
CompanyJosh HochbergTel: 1.212.446.1892jhochberg@sloanepr.comorDan
ZaccheiTel: 1.212.446.1882dzacchei@sloanepr.com
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