(NYSE:VAC) ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW,” “we,” “us” or “our”) today announced that its wholly owned subsidiary, Marriott Ownership Resorts, Inc. (the “Issuer”), priced an offering of $575 million aggregate principal amount of 6.500% senior notes due 2033 (the “Notes”) in a private placement. The offering is expected to close on September 18, 2025, subject to customary closing conditions. The Issuer intends to use the net proceeds from the Note
Related Questions
How will the $575 million senior note issuance at 6.5% affect MVW’s capital structure and credit rating?
What specific use of proceeds is planned and how will it influence MVW’s near‑term cash flow and earnings outlook?
How does the 6.5% yield compare to comparable market rates and what does that imply for investor demand and secondary‑market liquidity?