Marriott International Announces New Debt Issuance

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announced the issuance of $600,000,000 in 4.500% Series WW Notes due 2033 and $850,000,000 in 5.100% Series XX Notes due 2038. The net proceeds from this offering are approximately $1.425 billion, which will be used for general corporate purposes, including working capital, capital expenditures, acquisitions, stock repurchases, or repayment of outstanding indebtedness.

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About Marriott International Inc.

Marriott International Inc. is a leading multinational hospitality company renowned for its vast portfolio of lodging facilities. Serving an array of customers, from leisure travelers to business executives, its primary function is to provide accommodations, amenities, and services across various hotel brands and segments. Marriott operates numerous well-known brands, including Marriott Hotels, The Ritz-Carlton, Westin, and Courtyard by Marriott, catering to diverse market needs from luxury to budget-friendly stays. The company plays a significant role in the hospitality industry, influencing global travel and tourism standards through innovation and dedication to customer experience. Headquartered in Bethesda, Maryland, Marriott International's expansive reach and impactful collaborations across different regions underline its importance in the financial market, offering a window into global travel trends and economic health.