Hospitality Properties Trust Prices $400 Million of 3.950% Unsecured Senior Notes Due 2028
2017年10月18日 - 6:15AM
ビジネスワイヤ(英語)
Hospitality Properties Trust (Nasdaq: HPT) today announced that
it has priced an underwritten public offering of $400 million of
3.950% unsecured senior notes due January 15, 2028. The settlement
of this offering is expected to occur on October 26, 2017, subject
to customary closing conditions.
HPT expects to use the net proceeds from this offering to repay
amounts outstanding under its unsecured revolving credit facility
and for general business purposes.
The joint book-running managers for this offering were UBS
Securities LLC, BBVA Securities Inc., Citigroup Global Markets
Inc., Mizuho Securities USA LLC and RBC Capital Markets LLC. The
joint lead managers for this offering were BofA Merrill Lynch,
Morgan Stanley & Co. LLC, PNC Capital Markets LLC, Regions
Securities LLC, U.S. Bancorp Investments, Inc. and Wells Fargo
Securities, LLC. The co-managers for this offering were BMO Capital
Markets Corp., FTN Financial Securities Corp., Samuel A. Ramirez
& Company, Inc. and SMBC Nikko Securities America, Inc.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which the offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of that state or
jurisdiction. Copies of the prospectus supplement relating to this
offering and the related prospectus may be obtained by contacting
the offices of: UBS Investment Bank, Attention: Prospectus
Department, 1285 Avenue of the Americas, New York, NY 10019 or by
calling (888) 827-7275; BBVA, 1345 Avenue of The Americas, 44th
Floor, New York, NY 10105 or by calling (800) 422-8692; Citigroup,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717 or by calling (800) 831-9146; Mizuho Securities,
Attention: Debt Capital Markets, 320 Park Avenue, New York, NY
10022 or by calling (866) 271-7403; and RBC Capital Markets,
Attention: Transaction Management, 200 Vesey Street, 8th Floor, New
York, NY 10281 or by calling (866) 375-6829.
Hospitality Properties Trust is a real estate investment
trust, or REIT, which owns a diverse portfolio of hotels and travel
centers located in 45 states, Puerto
Rico and Canada. HPT's properties are operated under long
term management or lease agreements. HPT is managed by the
operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an
alternative asset management company that is headquartered
in Newton, Massachusetts.
WARNING REGARDING FORWARD LOOKING
STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN
THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE
BASED UPON HPT'S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE
STATEMENTS ARE NOT GUARANTEED AND THE IMPLICATIONS OF THESE
STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR
VARIOUS REASONS, SOME OF WHICH ARE BEYOND HPT’S CONTROL. FOR
EXAMPLE:
- THIS PRESS RELEASE STATES THAT THE
SETTLEMENT OF THE SALE OF SENIOR NOTES IS EXPECTED TO OCCUR ON
OCTOBER 26, 2017. THE SETTLEMENT OF THIS OFFERING IS SUBJECT TO
VARIOUS CONDITIONS AND CONTINGENCIES AS ARE CUSTOMARY IN
UNDERWRITING AGREEMENTS IN THE UNITED STATES. IF THESE CONDITIONS
ARE NOT SATISFIED OR THE SPECIFIED CONTINGENCIES DO NOT OCCUR, THIS
OFFERING MAY NOT CLOSE.
- HPT'S CURRENT INTENT TO USE THE NET
PROCEEDS FROM THIS OFFERING TO REPAY AMOUNTS OUTSTANDING UNDER ITS
UNSECURED REVOLVING CREDIT FACILITY AND FOR GENERAL BUSINESS
PURPOSES IS DEPENDENT ON THE CLOSING OF THIS OFFERING AND MAY NOT
OCCUR.
FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO
PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.
A Maryland Real Estate Investment Trust with
transferable shares of beneficial interest listed on the Nasdaq.No
shareholder, Trustee or officer is personally liable for any act or
obligation of the Trust.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171017006816/en/
Hospitality Properties TrustKatie Strohacker, 617-796-8232Senior
Director, Investor Relations
Hospitality Properties Trust (NASDAQ:HPTRP)
過去 株価チャート
から 5 2024 まで 6 2024
Hospitality Properties Trust (NASDAQ:HPTRP)
過去 株価チャート
から 6 2023 まで 6 2024