4.500% Series WW Notes due 2033
Note · Marriott International, Inc.
Reference: 4.500% Series WW Notes due 2033
- Original principal
- USD 600,000,000
- Outstanding
- —
- Commitment
- —
- Availability
- —
- Maturity
- May 1, 2033
Last reported interest terms: 4.5% Reported 2026-02-20 Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
Documents and filing history
-
Issuance
· 2026-02-20
Original principal USD 600,000,000 Exact source document
Parent 8-K filing · 2026-02-20
### On February 18, 2026, Marriott International, Inc. (“we”) entered into a Terms Agreement with Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Fifth Third Securities, Inc., Goldman Sachs & Co. LLC and the other Underwriters listed on Schedule I thereto (the “Terms Agreement,” which incorporates by reference the Underwriting Agreement General Terms and Provisions, dated March 3, 2021 (which we previously filed on March 5, 2021 as Exhibit 1.1 to our Current Report on Form 8-K)) to issue $600,000,000 aggregate principal amount of our 4.500% Series WW Notes due 2033 (the “Series WW Notes”) and $850,000,000 aggregate principal amount of our 5.100% Series XX Notes due 2038 (the “Series XX Notes” and, together with the Series WW Notes, the “Notes”). We issued the Notes on February 20, 2026. Net proceeds of the offering are approximately $1.425 billion, after deducting the underwriting discount and estimated expenses of the offering. We intend to use the net proceeds from the offering of the Notes for general corporate purposes, which may include working capital, capital expenditures, acquisitions, stock repurchases or repayment of outstanding indebtedness.
Issuer evidence: ### On February 18, 2026, Marriott International, Inc. (“we”) entered into a Terms Agreement with Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Fifth Third Securities, Inc., Goldman Sachs & Co. LLC and the other Underwriters listed on Schedule I thereto (the “Terms Agreement,” which incorporates by reference the Underwriting Agreement General Terms and Provisions, dated March 3, 2021 (which we previously filed on March 5, 2021 as Exhibit 1.1 to our Current Report on Form 8-K)) to issue $600,000,000 aggregate principal amount of our 4.500% Series WW Notes due 2033 (the “Series WW Notes”) and $850,000,000 aggregate principal amount of our 5.100% Series XX Notes due 2038 (the “Series XX Notes” and, together with the Series WW Notes, the “Notes”). We issued the Notes on February 20, 2026. Net proceeds of the offering are approximately $1.425 billion, after deducting the underwriting discount and estimated expenses of the offering. We intend to use the net proceeds from the offering of the Notes for general corporate purposes, which may include working capital, capital expenditures, acquisitions, stock repurchases or repayment of outstanding indebtedness.
Supporting evidence: We will pay interest on the Series WW Notes on May 1 and November 1 of each year, commencing on November 1, 2026 and we will pay interest on the Series XX Notes on May 1 and November 1 of each year, commencing on November 1, 2026. The Series WW Notes will mature on May 1, 2033 and the Series XX Notes will mature on May 1, 2038. We may redeem the Notes, in whole or in part, at our option, under the terms provided in the applicable Form of Note.
Supporting evidence: ### On February 18, 2026, Marriott International, Inc. (“we”) entered into a Terms Agreement with Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Fifth Third Securities, Inc., Goldman Sachs & Co. LLC and the other Underwriters listed on Schedule I thereto (the “Terms Agreement,” which incorporates by reference the Underwriting Agreement General Terms and Provisions, dated March 3, 2021 (which we previously filed on March 5, 2021 as Exhibit 1.1 to our Current Report on Form 8-K)) to issue $600,000,000 aggregate principal amount of our 4.500% Series WW Notes due 2033 (the “Series WW Notes”) and $850,000,000 aggregate principal amount of our 5.100% Series XX Notes due 2038 (the “Series XX Notes” and, together with the Series WW Notes, the “Notes”). We issued the Notes on February 20, 2026. Net proceeds of the offering are approximately $1.425 billion, after deducting the underwriting discount and estimated expenses of the offering. We intend to use the net proceeds from the offering of the Notes for general corporate purposes, which may include working capital, capital expenditures, acquisitions, stock repurchases or repayment of outstanding indebtedness.