Host Hotels & Resorts, Inc. Announces Pricing of $75 Million of 5 7/8% Senior Notes Due 2019 in an Add-On Offering by Host Hotels & Resorts

Host Hotels & Resorts, Inc. HST today announced that Host Hotels & Resorts, L.P., for whom the Company acts as sole general partner, has priced its private placement offering of an additional $75 million in aggregate principal amount of 5 7/8% senior notes due 2019. The Notes are being issued as additional notes under an existing supplemental indenture under which Host Hotels & Resorts, L.P. issued $425 million aggregate principal amount of 5 7/8% senior notes due 2019 on May 11, 2011. The Notes will be equal in right of payment with, of the same series as, and vote as a single class with, the Existing Notes. The net proceeds of the Offering of approximately $73.5 million, after taking into account discounts, fees and offering expenses, will be used for general corporate purposes.