E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers H > Headlines for HRPT Properties Trust > News item
Published on 10/15/2007 in the Prospect News Investment Grade Daily.

HRPT Properties to redeem outstanding 8¾% series B preferreds

By Devika Patel

Knoxville, Tenn., Oct. 15 - HRPT Properties Trust announced it plans to redeem all or a portion of its $300 million outstanding 8¾% series B preferred shares.

The company plans to use credit facility borrowings and an offering of common shares to fund the redemption.

HRPT is a real estate investment trust based in Newton, Mass.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.