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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item |
Host Marriott, subsidiaries call $100 million of 6.75% senior notes
By Ashley Montgomery
Kansas City, Kan., Dec. 12 - Host Marriott Corp. and its subsidiaries Host Marriott LP and Host Hotels LP will redeem $100 million of their 6.75% senior notes due June 1, 2016, according to a notice.
The notes will be redeemed on Dec. 31 at 102.25 plus accrued interest to the redemption date.
Following the redemption, $550 million of the notes will remain outstanding.
The Bank of New York Mellon is the trustee.
Host Marriott is a lodging and hospitality company based in Bethesda, Md.
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