Host hotels & resorts, inc. announces commencement of tender offer for 4.750% series c senior notes due 2023 by host hotels & resorts, l.p.
Bethesda, md., aug. 11, 2020 (globe newswire) -- host hotels & resorts, inc. (nyse: hst) (the “company”), the nation’s largest lodging real estate investment trust, today announced that host hotels & resorts, l.p. ("host l.p."), for whom the company acts as sole general partner, has commenced a cash tender offer for any and all of its outstanding 4.750% series c senior notes due 2023 (cusip no. 44107tat3) (the “notes”), on the terms and subject to the conditions set forth in the offer to purchase, dated as of the date hereof (the “offer to purchase”), the related letter of transmittal (the “letter of transmittal”), and the related notice of guaranteed delivery attached to the offer to purchase (the “notice of guaranteed delivery”). as of august 10, 2020, there were $450 million principal amount of notes outstanding. the tender offer is referred to herein as the “offer.” the offer to purchase, the letter of transmittal and the notice of guaranteed delivery are referred to herein collectively as the “offer documents.”
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