HRPT Properties buys back $31.8 million debt securities in Q1, $67.7 million so far in Q2

By Angela McDaniels

Tacoma, Wash., May 7 - HRPT Properties Trust purchased $31.8 million of its publicly issued debt securities during the first quarter and has subsequently purchased an additional $67.7 million of debt securities, according to its earnings release for the first quarter.

The purchases resulted in a $7.5 million gain on early extinguishment of debt in the first quarter and an $11.5 million gain in the second quarter.

Newton, Mass.-based HRPT Properties is a real estate investment trust that owns primarily office buildings.

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