secwatch.observer — SEC 8-K summary
======================================

Issuer:     HOST HOTELS & RESORTS L.P. (—)
CIK:        0001061937
Form:       8-K
Filed at:   2025-05-20T23:59:59+00:00
Accession:  0001628280-25-026857
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Host Hotels issues $500M 5.700% senior notes due 2032, to redeem 4.000% notes due 2025
--------------------------------------------------------------------------------

- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1061937/000162828025026857/0001628280-25-026857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1061937/000162828025026857/hst-20250520.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-026857

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer