The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

Host Hotels & Resorts, Inc. Announces Redemption And Exchangeability Of 2.625% Exchangeable Senior Debentures Due 2027 By Host Hotels & Resorts, L.P.

Friday, September 14, 2012

Host Hotels & Resorts, Inc. Announces Redemption And Exchangeability Of 2.625% Exchangeable Senior Debentures Due 2027 By Host Hotels & Resorts, L.P.08:30 EDT Friday, September 14, 2012BETHESDA, Md., Sept. 14, 2012 /PRNewswire/ -- Host Hotels & Resorts, Inc. (NYSE: HST) today announced that Host Hotels & Resorts, L.P. ("Host L.P."), for whom the Company acts as sole general partner, is redeeming the remaining approximately $2 million of its 2.625% Exchangeable Senior Debentures due April 15, 2027 (the "Debentures").  The redemption date is October 2, 2012 (the "Redemption Date"). (Logo: http://photos.prnewswire.com/prnh/20060417/HOSTLOGO )Because Host L.P. has called the Debentures for redemption, the Debentures shall become exchangeable during the period beginning September 14, 2012 and ending at 5:00 p.m., New York City time, on September 28, 2012, which is the second business day prior to the Redemption Date.SOURCE Host Hotels & Resorts, Inc.For further information: Gregory J. Larson, Executive Vice President, +1-240-744-5120; Gee Lingberg, Vice President, +1-240-744-5275