CommonWealth REIT Announces Redemption of 6.95% Senior Notes Due in 2012
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.
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