Marriott International 8-K
PositiveDebt financing
Multicurrency revolver expanded and extended, with an option to link rates and fees to environmental performance.
Filed 2026-09-24 16:15 ET
- 1.01 Entry into a Material Agreement
- 2.03 Creation of a Financial Obligation
- 9.01 Financial Statements and Exhibits
Summary
Marriott expanded and extended its multicurrency revolving credit facility. The amended agreement raises commitments, pushes maturity to 2031, and allows a future amendment to link rates and fees to environmental performance measures.
Key Figures
- Revolving credit commitments: $5.00B, up from $4.50B; the maximum permitted under the commitment increase option rises to $5.50B from $5.00B.
- Maturity: 9/23/2031, extended from 12/14/2027.
- Borrowings generally bear interest at SOFR plus a spread based on Marriott’s public debt rating; quarterly facility fees also depend on that rating. Interest margins and fees were adjusted, but specific rates were not stated.
The summary is written by an AI model reading the filing.
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