NY -- Standard&Poor's CreditWire 1/7/98 -- Standard&Poor's today affirmed its triple-'B'-plus corporate credit rating on Marriott International Inc. Standard&Poor's also affirmed its triple-'B' subordinated debt rating on the company and removed the rating from CreditWatch, where it was placed in October 1997. Following the company's announced spin-off, present rating levels will remain the same. In addition, Standard&Poor's assigned its triple-'B'-plus rating to the company's new $1.5 billion unsecured bank facility. The rating was placed on CreditWatch following Marriott's announcement that it was spinning off its lodging, senior living services, and distribution business into a new entity, "the new Marriott International". As part of the spin-off, which is expected to close within the
