Reuters logo
BRIEF-Marriott Vacations Worldwide proposes private offering of $200 mln of convertible senior notes
September 19, 2017 / 8:44 PM / 3 months ago

BRIEF-Marriott Vacations Worldwide proposes private offering of $200 mln of convertible senior notes

Sept 19 (Reuters) - Marriott Vacations Worldwide Corp

* Marriott Vacations Worldwide proposes private offering of $200 million of convertible senior notes

* Marriott Vacations Worldwide -‍ Intends to offer $200 million aggregate principal amount of convertible senior notes due 2022 in a private offering​

* Marriott Vacations - Also expects to grant to initial purchasers of notes option to purchase up to additional $30 million aggregate principal amount of notes

* Marriott Vacations Worldwide - Co expects to use up to about $60 million of net proceeds from offering to repurchase shares of company’s common stock Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below