Simpson Thacher represented the underwriters in an offering by Marriott International, Inc. of $1.45 billion aggregate principal amount of Notes, consisting of $600 million aggregate principal amount of 4.500% Series WW Notes due 2033 and $850 million aggregate principal amount of 5.100% Series XX Notes due 2038. The notes were sold in a registered public offering, which closed on February 20, 2026.
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, Sharon Foster and Allyson Brennan (Capital Markets); Paige Brinton (Intellectual Property); Jonathan Cantor, Michael Slomovics and Kris Liu (Tax); Pasco Struhs (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA and Blue Sky).