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Prospect News home > News index > List of issuers C > Headlines for CommonWealth REIT > News item
Published on 9/16/2013 in the Prospect News Bank Loan Daily.

CommonWealth REIT to draw on revolver to fund redemption of notes

By Angela McDaniels

Tacoma, Wash., Sept. 16 - CommonWealth REIT will use borrowings under its revolving credit facility and cash on hand to redeem some notes, according to a company news release.

The company will redeem its $99,043,000 principal amount of 5.75% senior notes due 2014 at par plus accrued interest on or about Oct. 18.

CommonWealth is a real estate investment trust that owns office properties. It based in Newton, Mass.


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