Marriott International’s $1.1 Billion Notes Offering

Simpson Thacher represented the underwriters in the offering.

Marriott International, Inc. (NASDAQ: MAR) completed the offering of $1.1 billion aggregate principal amount of 2.85% Series HH Notes due 2031. The notes were sold in a registered public offering, which closed on March 5, 2021.

Wells Fargo Securities, LLC, Fifth Third Securities, Inc., J.P. Morgan Securities LLC, BofA Securities, Inc., Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Scotia Capital (USA) Inc., US Bancorp Investments, Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., ICBC Standard Bank Plc, Truist Securities, Inc., Siebert Williams Shank & Co., LLC, BNY Mellon Capital Markets, LLC, Capital One Securities, Inc., Loop Capital Markets LLC, PNC Capital Markets LLC, TD Securities (USA) LLC, UniCredit Capital Markets LLC, Santander Investment Securities Inc., and Standard Chartered Bank acted as underwriters for the offering.

Marriott International is one of the world’s leading lodging companies. Marriott International is a worldwide operator, franchisor and licensor of hotel, residential and timeshare properties under numerous brand names at different price and service points.

The Simpson Thacher team for the underwriters included John C. Ericson (Picture), Igor Fert, Eva Kang and Lorin Hom (Capital Markets); Genevieve Dorment (Intellectual Property); Jonathan Cantor and Kris Liu (Tax); Jennifer Neilsson and Eric Wolf (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA and Blue Sky).

Involved fees earner: Jonathan Cantor – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; John Ericson – Simpson Thacher & Bartlett; Igor Fert – Simpson Thacher & Bartlett; Jennie Getsin – Simpson Thacher & Bartlett; Lorin Hom – Simpson Thacher & Bartlett; Eva Kang – Simpson Thacher & Bartlett; Kris Liu – Simpson Thacher & Bartlett; Jennifer Neilsson – Simpson Thacher & Bartlett; Eric Wolf – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Bank of America Securities; BNY Mellon Capital Markets; Capital One Securities; Citigroup Global Markets Ltd; Deutsche Bank Securities; Fifth Third Securities, Inc.; Goldman Sachs & Co.; HSBC Securities; ICBC Standard Bank; J.P. Morgan Securities LLC; Loop Capital Markets; PNC Capital Markets LLC; Santander Investment Securities Inc.; Scotia Capital Inc.; Siebert Williams Shank & Co. LLC; Standard Chartered Bank; TD Securities; Truist Securities Inc. ; UniCredit Capital Markets; US Bancorp Investments Inc.; Wells Fargo Securities;

Martina Bellini

Author: Martina Bellini