December 18, 2006
NEWTON, Mass.-Hospitality Properties Trust (NYSE: HPT) announced today that it has priced a public offering of 12,000,000 common shares of beneficial interest at a price of $47.51 per share. The settlement of this sale is expected to occur on December 22, 2006. HPT expects to use the proceeds to partially fund the acquisition of TravelCenters of America, Inc. and for general corporate purposes. The underwriters have been granted a 30-day option to purchase up to an additional 1,800,000 shares from HPT to cover overallotments, if any. The sole book running manager for this offering is Merrill Lynch & Co. The joint lead managers for this offering are Morgan Stanley, RBC Capital Markets, UBS Investment Bank and Wachovia Securities. The co-managers for this offering are Banc of America Securities LLC, Ferris, Baker Watts Incorporated, Janney Montgomery Scott LLC, Morgan Keegan & Company, Inc., Oppenheimer & Co. and Stifel Nicolaus. This communication shall not constitute an...
December 14, 2006
NEWTON, Mass.-Hospitality Properties Trust (NYSE: HPT) announced today that it has commenced a public offering of 12,000,000 common shares of beneficial interest. HPT expects to use the proceeds to partially fund the acquisition of TravelCenters of America, Inc., and for general corporate purposes. The underwriters will be granted a 30-day option to purchase up to an additional 1,800,000 shares from HPT to cover overallotments, if any. The sole book running manager for this offering is Merrill Lynch & Co. The joint lead managers for this offering are Morgan Stanley, RBC Capital Markets, UBS Investment Bank and Wachovia Securities. The co-managers for this offering are Banc of America Securities LLC, Ferris, Baker Watts Incorporated, Janney Montgomery Scott LLC, Morgan Keegan & Company, Inc., Oppenheimer & Co. and Stifel Nicolaus. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities...
December 1, 2006
NEWTON, Mass.-Hospitality Properties Trust (NYSE: HPT) today announced that its board of trustees has declared the regular quarterly dividend on HPT's Series B Cumulative Redeemable Preferred Shares. A distribution of $0.5546875 per Series B preferred share is payable on or about January 16, 2007, to holders of record at the close of business on December 29, 2006. A Maryland Real Estate Trust with transferable shares of beneficial interest listed on the New York Stock Exchange. No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
Hospitality Properties Trust
Timothy A. Bonang
617-796-8149
Manager of Investor Relations
www.hptreit.com
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