Marriott Vacations Issues $575M Senior Notes for Debt

An announcement from Marriott Vacations Worldwide Corporation ( (VAC) ) is now available.

On September 18, 2025, Marriott Ownership Resorts, Inc., a subsidiary of Marriott Vacations Worldwide Corporation, issued $575 million in 6.500% Senior Notes due 2033. The proceeds will be used to repay existing debt and cover transaction expenses. This move is part of a strategic financial restructuring aimed at optimizing the company’s debt profile, which may impact its financial stability and market positioning. The issuance of these notes includes various covenants and redemption options, providing flexibility in financial management while maintaining a senior unsecured status.

The most recent analyst rating on (VAC) stock is a Buy with a $87.00 price target. To see the full list of analyst forecasts on Marriott Vacations Worldwide Corporation stock, see the VAC Stock Forecast page.

Spark’s Take on VAC Stock

According to Spark, TipRanks’ AI Analyst, VAC is a Outperform.

Marriott Vacations Worldwide Corporation’s stock is rated positively due to its strong valuation and positive earnings call sentiment. The company’s financial performance shows solid profitability but is tempered by high leverage and declining cash flow. Technical indicators suggest a stable upward trend, supporting the overall positive outlook.

To see Spark’s full report on VAC stock, click here.

More about Marriott Vacations Worldwide Corporation

Marriott Vacations Worldwide Corporation operates in the vacation ownership industry, providing vacation ownership, exchange, rental, and resort and property management services. The company focuses on offering vacation experiences across a range of destinations, catering to a diverse market of travelers seeking leisure and relaxation.

Average Trading Volume: 528,938

Technical Sentiment Signal: Sell

Current Market Cap: $2.62B

See more insights into VAC stock on TipRanks’ Stock Analysis page.