8-KOther EventsExhibits & Filings

MARRIOTT INTERNATIONAL INC /MD/ 8-K Report, Corporate Update (Aug 13, 2026)

Filed August 13, 2026For Securities:MAR

Summary

Marriott International, Inc. (MAR) announced on August 13, 2026, the successful issuance of $1.25 billion in aggregate principal amount of senior notes through a Terms Agreement with several underwriters. This offering comprises $250 million of 4.875% Series NN Notes due 2029 and $1 billion of 5.650% Series YY Notes due 2036. The net proceeds from this offering are approximately $1.233 billion, after deducting underwriting discounts and estimated expenses. These funds are earmarked for general corporate purposes, including working capital, capital expenditures, acquisitions, stock repurchases, or debt repayment, providing the company with financial flexibility. The Series NN Notes represent an additional issuance that will be fungible with the $500 million of Series NN Notes previously issued in February 2024. The issuance occurred under Marriott's existing indenture and was registered under a Form S-3 registration statement. This transaction reflects Marriott's strategy to manage its capital structure and fund its ongoing business operations and growth initiatives.

Key Highlights

  • 1Marriott International issued $1.25 billion in new senior notes: $250 million of 4.875% Series NN Notes due 2029 and $1 billion of 5.650% Series YY Notes due 2036.
  • 2The net proceeds from the offering are approximately $1.233 billion.
  • 3Proceeds are intended for general corporate purposes, offering flexibility for working capital, capital expenditures, acquisitions, stock repurchases, or debt repayment.
  • 4The new Series NN Notes are fungible with the previously issued $500 million of 4.875% Series NN Notes due 2029.
  • 5The issuance was conducted under an established indenture and is part of a Form S-3 registration statement.
  • 6Interest payments for Series NN Notes are semi-annual (May 15, Nov 15), commencing Nov 15, 2026, with maturity on May 15, 2029.
  • 7Interest payments for Series YY Notes are semi-annual (Mar 15, Sep 15), commencing Mar 15, 2027, with maturity on Sep 15, 2036.

Frequently Asked Questions

Marriott International has issued a total of $1.25 billion in aggregate principal amount of new debt, consisting of $250 million of 4.875% Series NN Notes due 2029 and $1 billion of 5.650% Series YY Notes due 2036.

The net proceeds of approximately $1.233 billion are intended for general corporate purposes. This may include working capital, capital expenditures, acquisitions, stock repurchases, or the repayment of outstanding indebtedness.

Yes, the $250 million of new Series NN Notes are an additional issuance and are fungible with the $500 million of 4.875% Series NN Notes due 2029 that Marriott International previously issued on February 22, 2024.

For the Series NN Notes (4.875% due 2029), interest is paid on May 15 and November 15, commencing November 15, 2026, and they mature on May 15, 2029. For the Series YY Notes (5.650% due 2036), interest is paid on March 15 and September 15, commencing March 15, 2027, and they mature on September 15, 2036.