8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
Marriott Expands Revolving Credit Facility to $5 Billion, Extends Maturity
Filed with the SEC on · Summarized by InvestorsBot
Marriott International entered into a Seventh Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent, and certain banks. The agreement increases Marriott’s multicurrency revolving credit commitments from $4.50 billion to $5.00 billion, raises the potential maximum to $5.50 billion, and extends the maturity date to September 23, 2031, providing the company with additional financing flexibility.