Marriott International Inc.'s Series G Notes Rated 'BBB+', Existing Ratings Affirmed - S&P Global Ratings’ Credit Research

Marriott International Inc.'s Series G Notes Rated 'BBB+', Existing Ratings Affirmed

Marriott International Inc.'s Series G Notes Rated 'BBB+', Existing Ratings Affirmed - S&P Global Ratings’ Credit Research
Marriott International Inc.'s Series G Notes Rated 'BBB+', Existing Ratings Affirmed
Published Oct 11, 2005
439 words — Published Oct 11, 2005
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Abstract:

NEW YORK (Standard&Poor's) Oct. 11, 2005--Standard&Poor's Ratings Services assigned its 'BBB+' rating to Bethesda, Md.-based Marriott International Inc.'s proposed series G notes due Nov. 15, 2015. The new notes will represent senior unsecured obligations of Marriott. Concurrently, Standard&Poor's affirmed its other ratings, including its 'BBB+' long-term and 'A-2' short-term corporate credit ratings on one of the world's largest lodging companies. The outlook is stable. About $1.8 billion of total debt was outstanding as of Marriott's third quarter ended Sept. 9, 2005. The company's high quality lodging portfolio, boosted by new unit growth and timeshare performance, is expected to generate meaningful earnings growth in the intermediate term. Despite healthy operating performance, credit measures are expected

  
Brief Excerpt:

RESEARCH Marriott International Inc.'s Series G Notes Rated '###+', Existing Ratings Affirmed Publication date: 11-Oct-2005 NEW YORK (Standard & Poor's) Oct. 11, 2005--Standard & Poor's Ratings Services assigned its '###+' rating to...

  
Report Type:

Ratings Action

Ticker
MAR
Issuer
GICS
Hotels, Resorts & Cruise Lines (25301020)
Sector
Global Issuers, Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Marriott International Inc.'s Series G Notes Rated 'BBB+', Existing Ratings Affirmed" Oct 11, 2005. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Marriott-International-Inc-s-Series-G-Notes-Rated-BBB-Existing-Ratings-Affirmed-468328>
  
APA:
S&P Global Ratings’ Credit Research. (). Marriott International Inc.'s Series G Notes Rated 'BBB+', Existing Ratings Affirmed Oct 11, 2005. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Marriott-International-Inc-s-Series-G-Notes-Rated-BBB-Existing-Ratings-Affirmed-468328>
  
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