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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item |
Host Hotels buys $49 million in 2.625% exchangeable senior debentures
By Devika Patel
Knoxville, Tenn., Oct. 14 - Host Hotels & Resorts Inc. said it repurchased approximately $49 million of its 2.625% exchangeable senior debentures for about $42 million in the third quarter.
The company recorded a $2 million gain on the repurchases.
Host Hotels is a Bethesda, Md.-based real estate investment trust focused on the ownership and operation of hotel properties.
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