CommonWealth REIT Announces Redemption of 5.75% Senior Notes Due in 2014
13 Setembro 2013 - 2:10PM
Business Wire
CommonWealth REIT (NYSE: CWH) today announced that it will
redeem all of its outstanding 5.75% Senior Notes due 2014 at a
redemption price equal to the principal amount of $99,043,000, plus
accrued and unpaid interest to the date of redemption. This
redemption is expected to occur on or about October 18, 2013. CWH
expects to fund this redemption by using cash on hand and borrowing
on its revolving credit facility.
CommonWealth REIT is a real estate investment trust, or REIT,
which primarily owns office properties located throughout the
United States. CWH is headquartered in Newton, Massachusetts.
WARNING REGARDING FORWARD LOOKING
STATEMENTS
THIS PRESS RELEASE 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 CWH’S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE
STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR FOR
VARIOUS REASONS, SOME OF WHICH ARE BEYOND CWH’S CONTROL. FOR
EXAMPLE, THIS PRESS RELEASE STATES THAT CWH HAS ELECTED TO REDEEM
ALL OF THE 5.75% SENIOR NOTES DUE 2014 AND THAT THIS REDEMPTION IS
EXPECTED TO OCCUR ON OCTOBER, 18, 2013. HOWEVER, THE EXPECTED
REDEMPTION OF THE 5.75% SENIOR NOTES DUE 2014 MAY NOT BE COMPLETED
OR IT COULD BE DELAYED DUE TO THE OCCURRENCE OF UNFORESEEN OR OTHER
CIRCUMSTANCES. FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE
CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON ANY FORWARD LOOKING
STATEMENTS IN THIS PRESS RELEASE. ALSO, EXCEPT AS REQUIRED BY LAW,
CWH DOES NOT INTEND TO UNDERTAKE ANY DUTY TO UPDATE ANY FORWARD
LOOKING STATEMENT IN THIS PRESS RELEASE AS A RESULT OF FUTURE
EVENTS OR NEW INFORMATION.
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.
CommonWealth REITTimothy A. Bonang, 617-796-8222Vice President,
Investor Relationswww.cwhreit.com
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