{"id":517198,"date":"2021-07-23T16:48:11","date_gmt":"2021-07-23T20:48:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/"},"modified":"2021-07-23T16:48:11","modified_gmt":"2021-07-23T20:48:11","slug":"marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/","title":{"rendered":"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n BETHESDA, Md.<\/span>, July\u00a023, 2021 \/PRNewswire\/ — Marriott International, Inc. (NASDAQ: MAR) today announced that on August 9, 2021<\/span> (the “Redemption Date”) it will redeem all $400,000,000<\/span> aggregate principal amount of its outstanding 3.125% Series N Notes Due October 15, 2021<\/span> (CUSIP No. 571903 AM5) (the “Notes”). <\/p>\n

The Notes will be redeemed on the Redemption Date at a redemption price equal to the sum of 100% of the aggregate principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to, but not including, the Redemption Date. On and after the Redemption Date, interest will cease to accrue on the Notes and the Notes will cease to be outstanding.<\/p>\n

\n
\n Cautionary Language Concerning Forward-Looking Statements<\/u>
\n <\/b>\n <\/p>\n

All statements in this press release are made as of July\u00a023, 2021.\u00a0 Except as required by applicable law, Marriott undertakes no obligation to publicly update or revise these statements, whether as a result of new information, future events or otherwise.\u00a0 This press release contains “forward-looking statements” within the meaning of federal securities laws, including statements related to the expected timing and completion of the redemption and similar statements concerning anticipated future events and expectations that are not historical facts. \u00a0Marriott cautions you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that Marriott may not be able to accurately predict or assess, including the risk factors that Marriott identifies in its Securities and Exchange Commission filings, including Marriott’s Quarterly Report on Form\u00a010-Q for the fiscal quarter ended March 31, 2021<\/span>. \u00a0Any of these factors could cause actual results to differ materially from the expectations Marriott expresses or implies in this press release.<\/p>\n

\n Marriott International, Inc.<\/b>\u00a0(NASDAQ: MAR) is based in Bethesda, Maryland<\/span>, USA, and encompasses a portfolio of more than 7,600 properties under 30 leading brands spanning 133 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. \u00a0The company offers Marriott Bonvoy\u2122, its highly-awarded travel program. \u00a0For more information, please visit Marriott’s website at\u00a0www.marriott.com<\/a>, and for the latest company news, visit\u00a0www.marriottnewscenter.com<\/a>. \u00a0 <\/p>\n

Marriott may post updates about COVID-19 and other matters on its investor relations website at\u00a0www.marriott.com\/investor<\/a> or Marriott’s news center website at\u00a0www.marriottnewscenter.com<\/a>. \u00a0Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on these websites, which may be material. \u00a0The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the SEC, and any references to the websites are intended to be inactive textual references only.<\/p>\n

IRPR#1<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021–301340501.html<\/a><\/p>\n

SOURCE Marriott International, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire BETHESDA, Md., July\u00a023, 2021 \/PRNewswire\/ — Marriott International, Inc. (NASDAQ: MAR) today announced that on August 9, 2021 (the “Redemption Date”) it will redeem all $400,000,000 aggregate principal amount of its outstanding 3.125% Series N Notes Due October 15, 2021 (CUSIP No. 571903 AM5) (the “Notes”). The Notes will be redeemed on the Redemption Date at a redemption price equal to the sum of 100% of the aggregate principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to, but not including, the Redemption Date. On and after the Redemption Date, interest will cease to accrue on the Notes and the Notes will cease to be outstanding. Cautionary Language Concerning Forward-Looking Statements All statements in … <\/p>\n

Continue reading “Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-517198","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMarriott International Announces Redemption of its 3.125% Series N Notes Due 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BETHESDA, Md., July\u00a023, 2021 \/PRNewswire\/ — Marriott International, Inc. (NASDAQ: MAR) today announced that on August 9, 2021 (the “Redemption Date”) it will redeem all $400,000,000 aggregate principal amount of its outstanding 3.125% Series N Notes Due October 15, 2021 (CUSIP No. 571903 AM5) (the “Notes”). The Notes will be redeemed on the Redemption Date at a redemption price equal to the sum of 100% of the aggregate principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to, but not including, the Redemption Date. On and after the Redemption Date, interest will cease to accrue on the Notes and the Notes will cease to be outstanding. Cautionary Language Concerning Forward-Looking Statements All statements in … Continue reading "Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-23T20:48:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH52924&sd=2021-07-23\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021\",\"datePublished\":\"2021-07-23T20:48:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/\"},\"wordCount\":458,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=PH52924&sd=2021-07-23\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/\",\"name\":\"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021 - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=PH52924&sd=2021-07-23\",\"datePublished\":\"2021-07-23T20:48:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/#primaryimage\",\"url\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=PH52924&sd=2021-07-23\",\"contentUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=PH52924&sd=2021-07-23\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021 - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/","og_locale":"en_US","og_type":"article","og_title":"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021 - Market Newsdesk","og_description":"PR Newswire BETHESDA, Md., July\u00a023, 2021 \/PRNewswire\/ — Marriott International, Inc. (NASDAQ: MAR) today announced that on August 9, 2021 (the “Redemption Date”) it will redeem all $400,000,000 aggregate principal amount of its outstanding 3.125% Series N Notes Due October 15, 2021 (CUSIP No. 571903 AM5) (the “Notes”). The Notes will be redeemed on the Redemption Date at a redemption price equal to the sum of 100% of the aggregate principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to, but not including, the Redemption Date. On and after the Redemption Date, interest will cease to accrue on the Notes and the Notes will cease to be outstanding. Cautionary Language Concerning Forward-Looking Statements All statements in … Continue reading \"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-23T20:48:11+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH52924&sd=2021-07-23","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021","datePublished":"2021-07-23T20:48:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/"},"wordCount":458,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH52924&sd=2021-07-23","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/","name":"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021 - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH52924&sd=2021-07-23","datePublished":"2021-07-23T20:48:11+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/#primaryimage","url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH52924&sd=2021-07-23","contentUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH52924&sd=2021-07-23"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marriott-international-announces-redemption-of-its-3-125-series-n-notes-due-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Marriott International Announces Redemption of its 3.125% Series N Notes Due 2021"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/517198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=517198"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/517198\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=517198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=517198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=517198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}