secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2021-09-22T23:59:59+00:00
Accession:  0001193125-21-279481
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott prices $1B debt tender offer and issues $700M of 2.750% notes due 2033
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- Tender offer for up to $1B of three series (5.750% EE, 3.750% P, 3.750% V) priced; early settlement Sept 23.
- Oversubscribed; only Series EE Notes accepted on prorated basis; Series P and V not accepted.
- Issued $700M of 2.750% Series II Notes due 2033; net proceeds ~$693M to fund tender offer.
- Notes mature Oct 15, 2033; interest payable Apr 15 and Oct 15 starting Apr 15, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000119312521279481/0001193125-21-279481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000119312521279481/d191158d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-279481

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