Article: Marriott International Obtains Major Financing Commitments in Connection With Planned Spin-Off and Merger Transactions

WASHINGTON, Jan. 12 /PRNewswire/ -- Marriott International, Inc. (NYSE: MAR) today announced that it has launched a $1.5 billion syndicated bank financing for the new hospitality company which it plans to spin off. Marriott International and Sodexho Alliance also have obtained $1.4 billion of bank financing commitments for Sodexho Marriott Services Inc. In addition, Marriott International announced that the waiting period has expired under the Hart-Scott-Rodino Antitrust Improvements Act with respect to the pending mergers of Marriott's food service and facilities management business (Marriott Management Services) with Sodexho Alliance's North American operations.

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