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Published on 12/14/2012 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Starwood calls all $179 million outstanding 7 7/8% notes due 2014

By Tali David

Minneapolis, Dec. 14 - Starwood Hotels and Resorts Worldwide, Inc. is exercising its option o redeem all $179 million of its 7 7/8% senior notes due 2014, according to a press release.

The bonds will be redeemed on Dec. 24.

Starwood is based in White Plains, NY. The company owns, operates and franchises hotels and resorts in 100 countries.


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