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Host Hotels & Resorts, Inc. Announces Redemption And Exchangeability Of 2.625% Exchangeable Senior Debentures Due 2027 By Host Hotels & Resorts, L.P.

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BETHESDA, Md., Sept. 14, 2012 /PRNewswire/ -- Host Hotels & Resorts, Inc. (NYSE: HST) today announced that Host Hotels & Resorts, L.P. ("Host L.P."), for whom the Company acts as sole general partner, is redeeming the remaining approximately $2 million of its 2.625% Exchangeable Senior Debentures due April 15, 2027 (the "Debentures").  The redemption date is October 2, 2012 (the "Redemption Date").

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Because Host L.P. has called the Debentures for redemption, the Debentures shall become exchangeable during the period beginning September 14, 2012 and ending at 5:00 p.m., New York City time, on September 28, 2012, which is the second business day prior to the Redemption Date.

SOURCE Host Hotels & Resorts, Inc.


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