Marriott International, Inc. entered into the Seventh Amended and Restated Credit Agreement, increasing its multicurrency revolving credit facility to $5.0 billion from $4.5 billion and extending the maturity date by nearly four years. The agreement, effective September 23, 2026, also increases the accordion feature to $5.5 billion and modifies certain financial terms.
Key Details
- Facility Increase: The aggregate commitment under the revolving credit agreement was increased by $500 million to $5.00 billion.
- Maturity Extension: The maturity date of the facility was extended to September 23, 2031, from the prior date of December 14, 2027.
- Other Terms: The agreement adjusts interest rate margins and facility fees, modifies the calculation of "EBITDA", and provides for potential future adjustments to rates and fees based on agreed-upon environmental key performance indicators.