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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 8/5/2021 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Summit Hotel to redeem series D cumulative preferreds on Sept. 4

By Wendy Van Sickle

Columbus, Ohio, Aug. 5 – Summit Hotel Properties Inc. gave notice to redeem its $75 million series D preferred stock at par of $25 on Sept. 4, according to a news release.

The redemption is subject to completion of the company’s offering of series F $25-par cumulative redeemable perpetual preferreds.

Summit Hotel is an Austin, Tex.-based hotel real estate investment trust.


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