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Hospitality Properties to redeem all $275 million 6.3% notes due 2016
By Wendy Van Sickle
Columbus, Ohio, Feb. 10 – Hospitality Properties Trust called all $275 million of its outstanding 6.3% senior notes due 2016, according to an 8-K filing with the Securities and Exchange Commission.
The notes are expected to be redeemed on March 11 at par plus accrued interest to, but excluding, the redemption date.
U.S. Bank, NA is the trustee.
The real estate investment trust is based in Newton, Mass.
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