| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers H > Headlines for Host Hotels & Resorts, Inc. > News item |
Host Hotels to buy back $450 million of partner's 9½% notes
By Laura Lutz
Des Moines, Oct. 26 - Host Hotels & Resorts, Inc. plans to repurchase the entire $450 million outstanding principal amount of 9½% series I senior notes due 2007 issued by its sole general partner, Host Hotels & Resorts, LP, according to a company release.
Funding for the buyback will come from a $500 million offering of senior notes that was announced on Thursday.
Host Hotels is a hotel and lodging real estate company based in Bethesda, Md.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.