Simpson Thacher represented the underwriters in an offering by Marriott International, Inc. (NASDAQ: MAR) of $1 billion aggregate principal amount of 5% Series JJ Notes due 2027. The notes were sold in a registered public offering, which closed on September 8, 2022.
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 transaction included John C. Ericson, Carlie Marks and Eunice Chang (Capital Markets); Jessica Cohen and Mark Natividad (Intellectual Property); Jonathan Cantor, Kris Liu and Michael Slomovics (Tax); Jeanne Annarumma, Andrew O’Brien and Charles Pfeifer (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA and Blue Sky).