Key Developments: Hospitality Properties Trust (HPT)
31.74USD
21 May 2013
$0.43 (+1.37%)
$30.99
$31.38
$31.78
$31.36
217,588
1,347,270
$31.78
$21.13
Latest Key Developments (Source: Significant Developments)
Hospitality Properties Trust Announces Quarterly Common Dividend
Hospitality Properties Trust announced a regular quarterly common share distribution of $0.47 per common share ($1.88 per share per year). This distribution will be paid to HPT`s common shareholders of record as of the close of business on April 26, 2013 and distributed on or about May 24, 2013. Full Article
Hospitality Properties Trust Declares Preferred Dividend
Hospitality Properties Trust announced that Board of trustees has declared the regular quarterly dividend on HPT's Series C Cumulative Redeemable Preferred Shares. A distribution of $0.4375 per Series C preferred share is payable on or about May 15, 2013, to holders of record at the close of business on April 30, 2013. Full Article
Hospitality Properties Trust Announces Underwriters’ Exercise Of Option To Purchase Additional Shares
Hospitality Properties Trust announced that the underwriters of its public offering have exercised, in full, their option to purchase an additional 2,100,000 common shares. The sale of the additional common shares and the sale of the original public offering of 14,000,000 common shares are expected to close on March 22, 2013. The joint bookrunning managers for the common share offering are Morgan Stanley, BofA Merrill Lynch and Wells Fargo Securities. The joint co-lead managers are Citigroup, Jefferies, RBC Capital Markets and UBS Investment Bank. The co-managers are BB&T Capital Markets, Janney Montgomery Scott, JMP Securities, MLV & Co., Inc. and Oppenheimer & Co. Inc. Full Article
Hospitality Properties Trust Prices Offering Of 14,000,000 Common Shares
Hospitality Properties Trust announced that it priced a public offering of 14,000,000 common shares at a price to the public of $25.55 per share. The settlement of this offering is expected to occur on March 22, 2013. HPT expects to use the net proceeds of this offering to repay amounts outstanding under its unsecured revolving credit facility and for general business purposes. The underwriters have been granted a 30-day option to purchase up to an additional 2,100,000 common shares. The joint bookrunning managers for the common share offering are Morgan Stanley, BofA Merrill Lynch and Wells Fargo Securities. The joint co-lead managers are Citigroup, Jefferies, RBC Capital Markets and UBS Investment Bank. The co-managers are BB&T Capital Markets, Janney Montgomery Scott, JMP Securities, MLV & Co., Inc. and Oppenheimer & Co. Inc. Full Article
Hospitality Properties Trust Announces Proposed Public Offering Of 10,000,000 Common Shares
Hospitality Properties Trust announced it has commenced a public offering of 10,000,000 common shares. HPT expects to use the proceeds of this offering to repay amounts outstanding under its unsecured revolving credit facility and for general business purposes. It is contemplated that the underwriters will also be granted a 30-day option to purchase up to an additional 1,500,000 common shares. The joint book running managers for the common share offering are Morgan Stanley, BofA Merrill Lynch and Wells Fargo Securities. The joint lead managers are Citigroup, Jefferies, RBC Capital Markets and UBS Investment Bank. Full Article
Hospitality Properties Trust Declares Preferred Dividend
Hospitality Properties Trust announced that Board of trustees has declared the regular quarterly dividend on HPT`s Series D Cumulative Redeemable Preferred Shares. A distribution of $0.4453125 per Series D preferred share is payable on or about April 15, 2013, to holders of record at the close of business on March 28, 2013. Full Article
NH Hoteles SA Receives Loan and Acquires Jointly with Hospitality Properties Trust Hotel In New York-DJ
Dow Jones reported that NH Hoteles SA (NH) announced that it has entered exclusive negotiations with Hospitality Properties Trust (HPT) for hotel investments in Latin America, Europe and the United States worth approximately USD 375 million. HPT will also loan NH EUR170 million (USD 222.7 million), which will be secured by first mortgages on four hotels in Europe. Additionally, HPT will form a joint venture with NH to acquire a hotel in New York City that is currently owned by NH and a European partner. Full Article
Hospitality Properties Trust Announces Quarterly Common Dividend
Hospitality Properties Trust announced that announced a regular quarterly common share distribution of $0.47 per common share ($1.88 per share per year). This distribution will be paid to HPT`s common shareholders of record as of the close of business on January 31, 2012 and distributed on or about February 22, 2013. Full Article
Hospitality Properties Trust Declares Preferred Dividend
Hospitality Properties Trust announced that board of trustees has declared the regular quarterly dividend on HPT's Series C Cumulative Redeemable Preferred Shares. A distribution of $0.4375 per Series C preferred share is payable on or about February 15, 2013, to holders of record at the close of business on January 31, 2013. Full Article
Hospitality Properties Trust Declares Preferred Dividend
Hospitality Properties Trust announced that board of trustees has declared the regular quarterly dividend on HPT`s Series D Cumulative Redeemable Preferred Shares. A distribution of $0.4453125 per Series D preferred share is payable on or about January 15, 2013, to holders of record at the close of business on December 28, 2012. Full Article
BRIEF-Hospitality Properties Trust down in premarket on share offering
NEW YORK, March 19 - Hospitality Properties Trust : * Down 6.1 percent to $25.53 in premarket; to offer 10 million common shares
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