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Published on 12/12/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

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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