secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2021-09-08T23:59:59+00:00
Accession:  0001193125-21-267374
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000119312521267374/0001193125-21-267374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000119312521267374/d211557d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-267374

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