HOST HOTELS & RESORTS L.P.: debt financing — Host Hotels issues $500M 5.700% senior notes due 2032, to redeem 4.000% notes due 2025

HOST HOTELS & RESORTS L.P.

$500M aggregate principal of 5.700% Series M senior notes due 2032 issued on May 20, 2025.
Net proceeds, with cash on hand, to redeem all $500M of 4.000% Series E senior notes due 2025.
Notes may be redeemed at make-whole plus 30 bps before Par Call Date (April 16, 2032); after that at par.
Indenture requires EBITDA/interest coverage ≥1.5x and unencumbered assets ≥150% of unsecured debt.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HOST HOTELS & RESORTS L.P. incurred senior notes of $500 million aggregate principal amount with The Bank of New York Mellon at 5.700% maturing 2032.

Instrument: senior notes
Principal: $500 million aggregate principal amount
Counterparty: The Bank of New York Mellon
Rate: 5.700%
Maturity: 2032
Event: incurrence

Exact text from the filing

completed its underwritten public offering of $500 million aggregate principal amount of its 5.700% Series M senior notes due 2032

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001628280-25-026857

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.