Live Breaking News & Updates on Marriott Ownership Resorts Inc
Stay updated with breaking news from Marriott ownership resorts inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Eleventh Circuit on Thursday affirmed the dismissal of timeshare owners' proposed class action claiming Marriott Ownership Resorts Inc. duped them into buying invalid real estate deals, agreeing that the points-based ownership structure doesn't run afoul of Florida property law. ....
Marriott Vacations Worldwide Announces Pricing of Convertible Senior Notes News provided by Share this article Share this article ORLANDO, Fla., Jan. 28, 2021 /PRNewswire/ Marriott Vacations Worldwide Corporation (NYSE: VAC) (the Company, we, us, or our ) announced today the pricing on January 27, 2021 of the offering of $500 million aggregate principal amount of 0.00% convertible senior notes due 2026 (the notes ) in a private offering (the Offering ) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act ). The Company also granted to the initial purchasers of the notes an option to purchase up to an additional $75 million aggregate principal amount of the notes within a 13-day period beginning on, and including, the initial closing date. The offering of the notes, and the convertible hedge and warrant transactions described below, are expected to clos ....
Marriott Vacations Worldwide Announces Offering of Convertible Senior Notes News provided by Share this article Share this article ORLANDO, Fla., Jan. 26, 2021 /PRNewswire/ Marriott Vacations Worldwide Corporation (NYSE: VAC) (the Company, we, us or our ) announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of convertible senior notes due 2026 (the notes ) in a private offering (the Offering ) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act ). The Company also intends to grant to the initial purchasers of the notes an option to purchase up to an additional $75 million aggregate principal amount of the notes within a 13-day period beginning on, and including, the initial closing date. ....