- Marriott Ownership Resorts, a wholly owned subsidiary of Marriott Vacations Worldwide Corporation (NYSE:VAC) has priced an offering of $500M of its 4.500% senior notes due 2029 in a private placement.
- Net proceeds together with cash on hand will be used to redeem $500M of outstanding 6.500% senior notes due 2026.
- Shares up 0.8% premarket.
- Press release
Marriott Vacations prices upsized $500M of 4.500% senior notes due 2029
Recommended For You
About VAC Stock
Related Stocks
| Symbol | Last Price | % Chg |
|---|---|---|
| VAC | - | - |
| Marriott Vacations Worldwide Corporation | ||