HOSPITALITY PROPERTIES TRUST (NASDAQ:HPT) Files An 8-K Other EventsItem 8.01.Other Events.
On September 29, 2017, Hospitality Properties Trust, or the Company, delivered a notice of redemption to U.S. Bank National Association, as trustee, with respect to all of the Company’s outstanding 6.70% Senior Notes due 2018 for a redemption price equal to the principal amount of $350.0 million, plus accrued and unpaid interest to, but excluding the date of redemption. This redemption is expected to occur on or about October 29, 2017.
WARNING REGARDING FORWARD LOOKING STATEMENTS
THIS CURRENT REPORT ON FORM 8-K 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 THE COMPANY’S PRESENT EXPECTATIONS, BUT THESE STATEMENTS ARE NOT GUARANTEED. FOR EXAMPLE, THE COMPANY EXPECTS TO REDEEM ALL OF ITS OUTSTANDING 6.70% SENIOR NOTES DUE 2018; IF UNFORESEEN CIRCUMSTANCES OCCUR, THE EXPECTED REDEMPTION OF THE 6.70% SENIOR NOTES DUE 2018 MAY BE DELAYED OR MAY NOT OCCUR.
FOR THESE REASONS, AMONG OTHERS, INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON ANY FORWARD LOOKING STATEMENT.
About HOSPITALITY PROPERTIES TRUST (NASDAQ:HPT)
Hospitality Properties Trust is a real estate investment trust. The Company owns approximately 300 hotels with over 45,860 rooms or suites, and approximately 190 travel centers. The Company’s segments include hotel investments, travel center investments and corporate. The Company’s properties are located in approximately 50 states in the United States, Canada and Puerto Rico. The Company’s hotels are operated as Courtyard by Marriott, Royal Sonesta, Sonesta Hotels & Resorts, Candlewood Suites, Residence Inn by Marriott, Sonesta ES Suites, Crowne Plaza Hotels & Resorts, Staybridge Suites, Hyatt Place, Wyndham Grand, Wyndham Hotels & Resorts, InterContinental Hotels & Resorts, Marriott Hotels and Resorts, the Clift Hotel, Radisson Hotels & Resorts, TownePlace Suites by Marriott, Hawthorn Suites, Country Inns & Suites by Carlson, Holiday Inn Hotels & Resorts, SpringHill Suites by Marriott, and Park Plaza Hotels & Resorts.