Marriott announces cash tender offer for up to $800M of its outstanding notes due 2025

MARRIOTT INTERNATIONAL INC /MD/

Offers to purchase up to $800M aggregate principal of 5.750% Series EE, 3.750% Series P, and 3.750% Series V notes, all due 2025.
Early tender premium of $30 per $1,000 principal for notes tendered by 5:00 PM ET on Sept 21, 2021.
Offer subject to Financing Condition: Marriott must receive at least $500M net proceeds from a new notes offering.
Early Settlement expected Sept 23; Final Settlement expected Oct 7, 2021.
Purpose: manage maturity profile and extend maturities; accepted notes will be retired.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.