CommonWealth REIT Announces Redemption of 6.95% Senior Notes Due in 2012
06 Dezembro 2011 - 7:33PM
Business Wire
CommonWealth REIT (NYSE: CWH) today announced that it will
redeem all of its outstanding 6.95% Senior Notes due 2012 at a
redemption price equal to the principal amount of $150,680,000,
plus accrued and unpaid interest to the date of redemption. This
redemption is expected to occur on January 3, 2012. CWH expects to
fund this redemption by borrowing on its revolving credit
facility.
Commonwealth REIT is a real estate investment trust, or REIT,
which primarily owns office and industrial properties located
throughout the United States, including approximately 17 million
sq. ft. of leased industrial lands in Oahu, HI, plus a portfolio of
office and industrial properties in Australia. CWH is headquartered
in Newton, MA.
A Maryland Real Estate Trust with transferable
shares of beneficial interest listed on the New York Stock
Exchange. No shareholder, Trustee or officer is personally liable
for any act or obligation of the Trust.
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