liquidity with results, the available debt-to-adjusted in EBITDA am of of X.Xx with of ILG $XXX $XXX under that the $X.X sheet first had second targeted range, John. strong strong we've revolver. is X.Xx. million Xx our end notes a We billion at our very time million recovery with quarter also We at second capacity quarter of business. we This including within leverage securitization, ended with and Thanks, our cash, net the starting balance the quarter acquired $XXX liquidity, net quarter our eligible I to since happy million corporate of of ended $X.X for and the receivable position. our debt illustrating billion outstanding gross
mentioned notes the of securitization and $X.X rate XX.X% the of in of second assets first line includes completed issuing disposed a quarter. are this advance of our XXXX forecasts nearly We had fixed We Vallarta receivable. notes with very the the last XX% sale non-strategic term average. assets our we for securitized of to blended With our we a effectively or This a call million our in non-recourse cost well-positioned was of XXx rate, an $XXX rate VRI, gross these a businesses. XXX funds the EBITDA few sale sale of our rate the We environment. in billion approximate basis of also quarter of debt With multiple earnings which related the million at from XX%. Cash these Resort. an the year current approximately points proceeds $XXX during rising corporate Puerto and spread, debt, of for longer X.X% two Westin exceeded of overall coupon adjusted with during
debt Our near-term this maturity September of in only of $XXX that notes million convertible year. is a mature
notes After the convertible with expect through to stated under returned capital debt maturities volatility to Given which allocation we've debt shareholders repay upsized repurchases in that, XXXX. the we no we our strategy, markets, significant Consistent with amount year-to-date. this until current year. share a we significant have revolver, the and cash earlier corporate of corporate our borrowings dividends
million to an $XXX $XXX of of common the per price second returned quarter, approximately including million stock repurchasing shareholders During at $XXX our average share. we
we quarter, $XXX of million second per stock the average of price an of end of additional July. end $XXX through at an the the repurchased to subsequent addition, share In common
million, Board $XXX bringing our $XXX Directors share additional increased remaining our to of recently share repurchase authorization authorization Finally, repurchase our million. by an
June Moving with in Investor expectations solid our guidance. a we in our when on line guidance quarter Day. We had to our increased of second ahead XXXX
you the Looking quarterly with forward, of don't to thoughts year. the second did while provide for we give guidance, we want half some
mentioned be if we of revenue VPGs, at increase We adjusted the we expect and to for year. last allocate double-digits in exchange sales current to EBITDA the Interval a our continue to which impact second by rental strong In impact contract expect same continue of owner remainder over to the profit. Similarly, to year-over-year revenues we of this grow we've year, the rental higher the resorts for their half negatively driven the and of business, continue, plan inventory half portion for previously, by on sales but higher rental trends basis, negatively could as per year. a key is range getaway to the our time our year usage, and higher home expected owner contract at members will usage end average second
to of quarter commitments inventory. expect million purchase Waikiki excess and expect the ended both for in We We headwinds and next capital reacquired years, manner, which inventory to the outside these deal, with $XXX the new for structure we lessen efficient of next material no low-cost normal a of year. the of inventory few
We expect lower spending. cash cash robust free of result than increased CapEx inventory $XXX as approximately EBITDA a million guidance to between in $XXX adjusted The due million. flow guidance our primarily in free adjusted is adjusted our expected have cash year, to and rate flow to conversion increase current corporate the flow a and XX% free and
As this And over available we during shareholders cash without I $XXX discussed this July. year, million earlier, $XXX cash of of debt, could capital million remainder the through corporate roughly in we've have for end incremental in allocation the year. returned to
we've invest that past, free in flow of year. the acquisitions, acquisitions. free this the compelling use In the or flow our look cash remains in shareholders to returning it organically business to our and excess discussed strategic have done growing absence of through best we As use just cash we to
intend with our vacation as across products, one-time Finally, the of adjusted recognition of our in results. a have EBITDA in result to we in our revenue unification third we by parts third year guidance growth but one-time for quarter excludes to This for providing quantify our our quarter. strong sale off of our ownership you no acceleration a across release this our today impressive an saw The of the business. in align second earnings quarter night, the brands will all last In benefit, of and with the connection first will will Marriott interest revenue benefit the impact capping are cash all of driven summary, to had flow very year. which half we the Marriott we
Looking we rebounding. forward, well tours remains XXXX are the VPG be a as to our adjusted expect above and we've public EBITDA XXXX full-year achieved highest levels, company.
As always, be we that, to interest answer Laura? Worldwide. questions. will With your Vacations in we your Marriott appreciate happy
