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Published on 11/12/2008 in the Prospect News Convertibles Daily.

Reckson buys back $64 million 4% exchangeables

By Angela McDaniels

Tacoma, Wash., Nov. 12 - Reckson Operating Partnership, LP said it acquired roughly $64 million of its 4% exchangeable senior debentures due 2025 in October.

The company made the disclosure in its 10-Q report for the third quarter, which was filed with the Securities and Exchange Commission Wednesday.

Reckson is based in New York and owns, manages, operates and develops commercial real estate in the greater New York area.


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