secwatch.observer — SEC 8-K summary
======================================

Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2022-09-08T23:59:59+00:00
Accession:  0001193125-22-241012
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott issues $1B of 5.000% notes due 2027; net proceeds ~$983M
-----------------------------------------------------------------

- Issued $1B aggregate principal of 5.000% Series JJ Notes due October 15, 2027.
- Net proceeds of approximately $983M after underwriting discount and expenses.
- Interest payable semi-annually on April 15 and October 15, beginning April 15, 2023.
- Proceeds for general corporate purposes, including working capital, capex, acquisitions, stock buybacks, or debt repayment.
- Notes may be redeemed in whole or in part at Marriott's option under specified terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000119312522241012/0001193125-22-241012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000119312522241012/d358514d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-241012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer