LaSalle Hotel issues call for 8 3/8% series B preferred shares

By Toni Weeks

San Diego, Feb. 15 - LaSalle Hotel Properties said it is calling for full redemption its 8 3/8% series B cumulative redeemable preferred shares, according to a filing with the Securities and Exchange Commission.

The preferreds will be redeemed on March 14 at a redemption price of $25.00 per share plus accrued dividends.

The paying agent is Wells Fargo Bank, NA (877 262-8260).

LaSalle, a Bethesda, Md.-based multi-operator real estate investment trust, owns upscale full-service hotels.

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