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DUFF & PHELPS PLACES MARRIOTT CORPORATION DEBT ON WATCH LIST UP

 CHICAGO, March 11 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has placed the debt of Marriott Corporation (NYSE: MHS) on the Watch List with the indicated rating trend upward. Duff & Phelps currently rates the senior unsecured debt of Marriott Corp. B' (Single-B).
 The Watch List action reflects today's announcement that the company has reached an agreement in principal with certain bondholders concerning its previously announced financial restructuring. This new agreement would leave less debt at Host Marriott, while making other adjustments including the interest rate and maturity schedule of the debt. Duff & Phelps will review the details of this agreement before taking any rating action.
 -0- 3/11/93
 /CONTACT: William T. Hayes, CFA, of Duff & Phelps Credit Rating 312-368-3142/
 (MHS)


CO: Marriott Corporation ST: Illinois IN: LEI SU: RTG

TM -- NY084 -- 5314 03/11/93 18:17 EST
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Publication:PR Newswire
Date:Mar 11, 1993
Words:138
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