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Hospitality Properties Trust Prices $1.70 Billion of Unsecured Senior Notes

NEWTON, Mass.--(BUSINESS WIRE)--Hospitality Properties Trust (Nasdaq: HPT) today announced that it has priced underwritten public offerings of $825 million aggregate principal amount of 4.350% unsecured senior notes due 2024, $450 million aggregate principal amount of 4.750% unsecured senior notes due 2026 and $425 million aggregate principal amount of 4.950% unsecured senior notes due 2029. The settlement of the offerings is expected to occur on September 18, 2019, subject to the satisfaction of customary closing conditions.