Marriott International issued $1.25 billion of notes, raising approximately $1.233 billion net proceeds for general corporate purposes.
- Offered $250 million of 4.875% Series NN Notes due 2029 and $1.0 billion of 5.650% Series YY Notes due 2036; both issued Aug. 13, 2026.
- Net proceeds approx. $1.233 billion after underwriting discounts and offering expenses; proceeds for working capital, capex, acquisitions, repurchases or debt repayment.
- Series NN interest payable May 15/Nov 15 starting Nov. 15, 2026; Series YY interest payable Mar 15/Sep 15 starting Mar. 15, 2027.
- Series NN constitutes an additional issuance to the existing Series NN; notes issued under the company's 1998 indenture with BNY Mellon as trustee.
Original SEC Filing: MARRIOTT INTERNATIONAL INC /MD/ [ MAR ] - 8-K - Aug. 13, 2026
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