Marriott to redeem $173.38M of senior notes due Sep. 2022
Marriott International (NASDAQ:MAR) will redeem all $173.38M aggregate principal amount of its outstanding 3.250% Series L Notes due Sep. 15, 2022 on June 15, 2022.
The notes will be redeemed at a 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.
Marriott reported mixed Q1 results earlier this month