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Actionable news in HST: HOST HOTELS & RESORTS Inc,

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On October19, 2015, Host Hotels& Resorts, L.P. (Host L.P.), for whom Host Hotels& Resorts, Inc. (Host Inc.) acts as sole general partner, gave notice that it intends to redeem the remaining $391.3 million in outstanding principal amount of Host L.P.s 2.50% Exchangeable Senior Debentures due 2029 (the Exchangeable Debentures). The redemption date for the Exchangeable Debentures is November3, 2015 (the Redemption Date) pursuant to an irrevocable notice delivered by the trustee on Host L.P.s behalf on October19, 2015. The Exchangeable Debentures were issued pursuant to a supplement to Host L.P.s Amended and Restated Indenture, dated August5, 1998, originally among HMH Properties, Inc. (now Host L.P.), the subsidiary guarantors named therein, and HSBC Bank USA f/k/a Marine Midland Bank (now succeeded by The Bank of New York Mellon), as trustee. Under the terms of the Exchangeable Debentures, the redemption price will be 100.000% of the principal amount thereof, together with accrued and unpaid interest (including liquidated damages, if any) thereon to the redemption date.

Because Host L.P. has called the Exchangeable Debentures for redemption on the Redemption Date, the Exchangeable Debentures will remain exchangeable until 5:00 p.m., New York City time, on October30, 2015, which is the second business day prior to the Redemption Date. We intend to settle any exchange in shares of Host Inc.s common stock and the current exchange price is 80.3053 shares of Host Inc. common stock per $1,000 principal amount of Exchangeable Debentures (which is equivalent to an exchange price of $12.45 per share). Based on the exchange...