Host Hotels buys back $100 million 3.25% exchangeables

By Angela McDaniels

Tacoma, Wash., Feb. 18 - Host Hotels & Resorts, Inc. repurchased $100 million of its 3.25% exchangeable senior debentures for about $82 million during the fourth quarter, according to its earnings release.

The company said the repurchase was made under its stock and equity-linked security repurchase program.

Host Hotels & Resorts is a lodging real estate investment trust based in Bethesda, Md.

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