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Fri, September 14, 2012 Host Hotels amp;; Resorts, Inc. Announces Redemption And Exchangeability Of 2.625% Exchangeable Senior Debentures Due 20
Host Hotels & Resorts, Inc. Announces Redemption And Exchangeability Of 2.625% Exchangeable... -- BETHESDA, Md., Sept. 14, 2012 /PRNewswire/ --
Host Hotels & Resorts, Inc. Announces Redemption And Exchangeability Of 2.625% Exchangeable Senior Debentures Due 2027 By Host Hotels & Resorts, L.P.
BETHESDA, Md., Sept. 14, 2012 /PRNewswire/ -- Host Hotels & Resorts, Inc. (NYSE: [ HST ]) today announced that Host Hotels & Resorts, L.P. ("Host L.P."), for whom the Company acts as sole general partner, is redeeming the remaining approximately $2 million of its 2.625% Exchangeable Senior Debentures due April 15, 2027 (the "Debentures"). The redemption date is October 2, 2012 (the "Redemption Date").
(Logo: [ http://photos.prnewswire.com/prnh/20060417/HOSTLOGO ] )
Because Host L.P. has called the Debentures for redemption, the Debentures shall become exchangeable during the period beginning September 14, 2012 and ending at 5:00 p.m., New York City time, on September 28, 2012, which is the second business day prior to the Redemption Date.
SOURCE Host Hotels & Resorts, Inc.
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