MAR · 10-Q · 2026Q3 · Full report

Revolving Credit Facility

MARRIOTT INTERNATIONAL INC /MD/ · 2026-11-02 · Importance 52 · Surprise 42

In September 2026, Marriott amended and restated its multicurrency revolving credit agreement, increasing available borrowings and extending maturity to September 23, 2031. Commitments total $5.0 billion, with an option to increase them to $5.5 billion; U.S. dollar borrowings bear interest at SOFR plus a spread based on Marriott’s public debt rating. The facility includes a maximum leverage covenant of 4.5 to 1.0, which Marriott reported it currently satisfies, and the company expects its liquidity sources to meet requirements for the next 12 months and beyond.

Key facts

• Marriott amended and restated its multicurrency revolving Credit Facility in September 2026, extending maturity to September 23, 2031 and increasing aggregate commitments to $5.0 billion, with an option to increase them to $5.5 billion. source
• In September 2026, Marriott amended and restated its multicurrency revolving Credit Facility, increasing available borrowings and extending its maturity to September 23, 2031. source
• Marriott's Credit Facility commitments total $5.0 billion, with an option to increase them to $5.5 billion. source
• Marriott stated that it currently satisfies the covenants in its Credit Facility and public debt instruments, including the Credit Facility leverage covenant, and does not expect them to restrict anticipated borrowing and liquidity needs. source
• Marriott's Credit Facility has a maximum leverage covenant limiting Adjusted Total Debt to EBITDA to no more than 4.5 to 1.0. source
• Marriott’s available revolving Credit Facility borrowings support its commercial paper program and general corporate needs. source