BETHESDA, Md., Jan. 6, 2012 /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 outstanding unregistered 5 7/8% Series W
Senior Notes due 2019 for its registered 5 7/8% Series X Senior
Notes due 2019.
(Logo: http://photos.prnewswire.com/prnh/20060417/HOSTLOGO )
The exchange offer was originally scheduled to expire at
5:00 p.m. on Thursday, January 5, 2012, but will now expire at
5:00 p.m. (Eastern Standard Time) on
January 11, 2012. As of the close of
business on Thursday, January 5,
2012, $499.9 million in
aggregate principal amount of Host Hotels & Resorts, L.P.'s 5
7/8% Series W Senior Notes due 2019 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 Unit, Attn:
Mr. William Buckley, 101 Barclay
Street, Floor 7 East, New York, NY
10286. For information, call (212) 815-5788.
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.