09 September 2014
senior notes offering

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has priced an offering of $350 million principal amount of 3.750% senior notes due 2025 and $300 million principal amount of 4.500% senior notes due 2034 through an underwritten public offering. The closing of the offering is expected to occur on September 15, 2014 and is subject to customary closing conditions.

Starwood intends to use the net proceeds from the offering for general corporate purposes, which may include the repayment of commercial paper, repurchases of its common stock, or the payment of previously announced special dividends to stockholders.

The joint book-running managers for the offering are Citigroup and J.P. Morgan.

Starwood is making the offering under an effective shelf registration statement. The offering is being made solely by means of a prospectus supplement and related base prospectus. Interested parties may obtain a copy of the prospectus supplement and related base prospectus for the offering from J.P. Morgan Securities LLC, 383 Madison Ave., New York, NY 10179, or by calling 1-212-834-4533 or Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling 1-800-831-9146. You may also get these documents for free by visiting the Securities and Exchange Commission’s website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.

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