Hospitality Properties Trust, Newton, Mass., has announced that it will redeem all $150 million of its outstanding 8.5% senior notes due in 2009 at par plus accrued interest.The real estate investment trust said the redemption is expected to occur on or about Feb. 17. The REIT also announced the pricing of a public offering of $175 million of 6.75% senior notes due 2013 at 99.396. The proceeds will be used for the redemption and for general business purposes. Credit Suisse First Boston and Wachovia Securities were the joint book-running managers of the offering. The REIT can be found on the Internet at http://www.hptreit.com.
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