Marriott lifts revolving credit facility to $5 billion, extends maturity to 2031

Marriott International, Inc. (Nasdaq: MAR) entered into a seventh amended and restated multicurrency revolving credit agreement on Sept. 23, 2026, increasing aggregate commitments to $5.00 billion from $4.50 billion and extending the maturity date to Sept. 23, 2031 from Dec. 14, 2027, according to a Form 8-K filed Sept. 24.

Bank of America, N.A. serves as administrative agent under the amended agreement, which amends and restates Marriott's prior $4.50 billion facility dated Dec. 14, 2022, as previously amended. The filing says the deal also raises the maximum aggregate commitments available under the commitment-increase option to $5.50 billion from $5.00 billion.

Borrowings generally bear interest at SOFR plus a spread based on Marriott's public debt rating, and the company pays quarterly facility fees on a ratings-based schedule, the 8-K says. The amended agreement adjusts interest-rate margins and facility fees, revises the EBITDA calculation, and provides for possible future amendments tied to environmental key performance indicators, among other documentation updates.

Except as described in the filing, Marriott said the material terms of the prior agreement generally remain unchanged. The credit agreement is filed as Exhibit 10 to the 8-K.

By the numbers

• Revolving commitments: $5.00 billion (up from $4.50 billion)
• Accordion / increase option maximum: $5.50 billion (up from $5.00 billion)
• New maturity: Sept. 23, 2031 (was Dec. 14, 2027)
• Administrative agent: Bank of America, N.A.

Sources

1. Marriott International, Inc. Form 8-K, filed Sept. 24, 2026, accession 0001193125-26-401051

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