debt
confidence high
sentiment neutral
materiality 0.55
Marriott Vacations prices $575M of 6.500% senior notes due 2033 to refinance 2026 converts
MARRIOTT VACATIONS WORLDWIDE Corp
- Priced $575M of 6.500% senior notes due 2033; closing expected Sept 18, 2025.
- Proceeds to repay $575M of 2026 Convertible Notes (due Jan 15, 2026); interim use on revolver or cash equivalents.
- Offered via private placement to QIBs and non-U.S. persons; not registered under Securities Act.
item 7.01item 9.01