BETHESDA, Md., Feb. 1, 2011 /PRNewswire/ -- Host Hotels &
Resorts, Inc. (NYSE: HST) announced today that Host Hotels &
Resorts, L.P., for whom the Company acts as sole general partner,
has extended the expiration date of its offer to exchange up to
$500 million in aggregate principal
amount of its registered 6% Series V Senior Notes due 2020 for its
outstanding unregistered 6% Series U Senior Notes due 2020.
(Logo: http://photos.prnewswire.com/prnh/20060417/HOSTLOGO )
The exchange offer was originally scheduled to expire at
5:00 p.m. on Monday, January 31, 2011, but will now expire at
5:00 p.m. (Eastern Standard Time) on
February 4, 2011. As of the
close of business on Monday, January 31,
2011, $499,850,000 in
aggregate principal amount of Host Hotels & Resorts, L.P.'s
outstanding unregistered 6% Series U Senior Notes due 2020 had been
tendered to the exchange agent by the holders thereof.
The exchange agent for the exchange offer is The Bank of New
York Mellon, Corporate Trust Operations — Reorganization
Department, Attn: Mrs. Carolle
Montreuil, 480 Washington Boulevard, 27th Floor,
Jersey City, New Jersey 07310. For
information, call (212) 815-5920.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy any security and shall not
constitute an offer, solicitation or sale of any securities in any
jurisdiction where such an offering or sale would be unlawful.
SOURCE Host Hotels & Resorts, Inc.