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Published on 5/30/2008 in the Prospect News Emerging Markets Daily.

Singapore's Hotel Properties ups medium-term note program to S$800 million

By Aaron Hochman-Zimmerman

New York, May 30 - Hotel Properties Ltd. upsized its multicurrency medium-term note program to S$800 million from S$650 million, according to a press release.

Proceeds from the notes will be used for refinancing debt and for general working capital.

Hotel Properties is a Singapore-based hotel and real estate management firm.


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