trending Market Intelligence /marketintelligence/en/news-insights/trending/k4m-5n8g8dcidpdgkp1uhq2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Marriott Vacations prices senior notes offering

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Global M&A Infographic Q1 2021

Blog

COVID-19 Impact & Recovery: Private Equity

COVID-19 Impact & Recovery: Corporates


Marriott Vacations prices senior notes offering

Marriott Vacations Worldwide Corp. subsidiary Marriott Ownership Resorts priced its offering of $750 million aggregate principal amount of senior notes due 2026 in a private placement, according to an Aug. 9 release.

As previously disclosed, Marriott Vacations will use net proceeds from the offering to fund its proposed $4.7 billion acquisition of vacation services provider ILG Inc. The proceeds will be used to repay outstanding debt under ILG's revolving credit facility and to pay other related transaction expenses and fees.