Marriott International prices an undisclosed amount senior notes offering in two series at 4.875% and TBD%

Filed August 11, 2026 · ~1 min read

Key Changes

• high

  Marriott is offering two series of senior unsecured notes: Series NN at 4.875% maturing May 15, 2029, and Series YY with interest rate and maturity date still to be determined. Both series pay interest semiannually and are redeemable at Marriott's option.

  Risk Factors verify on EDGAR →
• low

  The notes are structurally subordinated to all debt of Marriott's subsidiaries, though subsidiary debt totals only $123 million (approximately 1% of consolidated long-term debt) as of June 30, 2026.

  Management's Discussion and Analysis verify on EDGAR →
• medium

  Marriott can redeem Series NN notes before April 15, 2029 at the greater of a make-whole price (Treasury Rate plus 15 basis points) or par; on or after that date, redemption is at par only.

  Risk Factors verify on EDGAR →