Marriott Corporation
| Company Deal | 5% convertible subordinated debentures due 1988 |
|---|---|
| Transaction Type | Convertible Subordinated Debentures |
| Deal Description | Marriott Corporation used the net proceeds from this transaction to repay existing Eurodollar obligations incurred in connection with the establishment of its operations in Europe and Latin America. The balance of the proceeds was applied to retire other indebtedness of the company. |