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Host Hotels & Resorts, Inc. Announces Pricing Of $400 Million Of 4.250% Senior Notes Due 2028, By Host Hotels & Resorts, L.P.
BETHESDA, Md., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate
About this update from Host Hotels & Resorts, Inc.
[{"type":"text","content":"BETHESDA, Md., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today announced that Host Hotels & Resorts, L.P. (\"Host L.P.\"), for whom the Company acts as sole general partner, has priced its offering (the \"Offering\") of $400 million aggregate principal amount of 4.250% Senior Notes due 2028 (the \"Notes\"). The Notes are Host L.P.’s senior unsecured obligations. The Offering is expected to close on November 26, 2025, subject to the satisfaction or waiver of customary closing conditions. The estimated net proceeds of the Offering, after deducting the underwriting discount, de minimis original issue discount, fees and expenses, are expected to be approximately $395 million. Host L.P. intends to use the net proceeds from the sale of the Notes, together with cash on hand, to redeem all of Host L.P.’s outstanding $400 million aggregate principal amount of Series F senior notes due 2026. Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC , J.P. Morgan Securities LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC and TD Securities (USA) LLC are the joint book-running managers for the Offering. The Offering is being made pursuant to an effective shelf registration statement and accompanying prospectus filed with the Securities and Exchange Commission on June 12, 2025 and a preliminary prospectus supplement filed with the Securities and Exchange Commission on November 12, 2025. A copy of the final prospectus supplement and the accompanying prospectus relating to the Notes may be obtained, when available, by contacting Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000 Minneapolis, MN 55402, Attention: WFS Customer Service, by email: [email protected] or Toll-Free: 1-800-645-3751; Goldman Sachs & Co. LLC, at 200 West Street, New York, New York 10282, telephone: (866) 471-2526, or by email: [email protected]; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, Attn: Prospectus Department, 1155 Long Island Avenue Edgewood, NY 11717, or by email: [email protected]. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities, nor shall there be any sale of the securities in any jurisdiction in which such of...