Marriott issues $1.5B in senior notes: $500M at 4.800% due 2030, $1B at 5.350% due 2035

MARRIOTT INTERNATIONAL INC /MD/

Issued $500M 4.800% Series PP Notes due 2030 and $1B 5.350% Series QQ Notes due 2035.
Net proceeds of ~$1.48B after underwriting discount and expenses.
Proceeds for general corporate purposes including working capital, capex, acquisitions, buybacks, or debt repayment.
Interest payable semi-annually on March 15 and September 15 starting March 15, 2025.
Notes are redeemable at Marriott's option under terms in the applicable Form of Note.

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.