THE HOWARD HUGHES CORPORATION (NYSE:HHC) Files An 8-K Other Events
Item 8.01. Other Events.
On March16, 2017, The Howard Hughes Corporation announced the
closing of an offering of $800 million in aggregate principal
amount of 5.375% senior notes due 2025 (the Notes) in an
unregistered offering through a private placement and the early
settlement of its previously announced tender offer and consent
solicitation for any and all of its existing 6.875% senior notes
due 2021. A copy of the press release is attached hereto as
Exhibit99.1 and is incorporated herein by reference.
The information contained in this report shall not constitute an
offer to sell, or a solicitation of an offer to buy, and shall
not constitute an offer, solicitation or sale of any Notes in any
jurisdiction in which such an offer, solicitation or sale would
be unlawful.
Item 9.01 Financial Statements and
Exhibits
(d)Exhibits
|
Exhibit Number |
|
Description |
|
99.1 |
Press Release dated March16, 2017. |
About THE HOWARD HUGHES CORPORATION (NYSE:HHC)
The Howard Hughes Corporation is a developer of master planned communities and mixed use properties. The Company is engaged in development of master planned communities and the ownership, management and the redevelopment or repositioning of real estate assets, as well as other real estate opportunities in the form of entitled and unentitled land and other development rights, also called Strategic Developments. The Company operates its business in three segments: Master Planned Communities, Operating Assets and Strategic Developments. The Company’s Master Planned Communities segment consists of the development and sale of residential land and the development of commercial land to hold, develop or sell. The Company’s Operating Assets segment contains approximately 50 properties, investments and other assets, consisting of retail, office, multi-family and hospitality properties. The Company’s Strategic Developments segment consists of over 30 development projects. THE HOWARD HUGHES CORPORATION (NYSE:HHC) Recent Trading Information
THE HOWARD HUGHES CORPORATION (NYSE:HHC) closed its last trading session up +1.28 at 117.92 with 175,343 shares trading hands.
