Marriott Corp., an anathema to recession-scared bond buyers just months ago, yesterday proved the right yield now lures investors to even the most cyclical names.

The Washington-based hotel chain operator found a rousing welcome for $125 million of 10-year notes, sold via Merrill Lynch Capital Markets.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.