Marriott international raises $920 million in cash

Marriott international raises $920 million in cash through amendments to co-brand credit card agreements with jpmorgan chase & co. and american express.marriott - $570 million from chase includes $500 million of prepayment of certain future revenues.marriott - $570 million from chase also includes $70 million from early payment of a previously committed signing bonus under co-brand credit card agreement.marriott - $350 million from american express is for pre-purchase of marriott bonvoy points and other consideration.marriott - terminated $1.5 billion 364-day revolving credit facility commitment it announced on april 14, 2020.
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