{"id":458051,"date":"2021-03-15T16:19:46","date_gmt":"2021-03-15T20:19:46","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458051"},"modified":"2021-03-15T16:19:46","modified_gmt":"2021-03-15T20:19:46","slug":"the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/","title":{"rendered":"The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">HOUSTON<\/span>, <span class=\"xn-chron\">March 15, 2021<\/span> \/PRNewswire\/ &#8212; The Howard Hughes Corporation<b><sup>\u00ae <\/sup><\/b>\u00a0(NYSE: HHC) (the &#8220;Company&#8221;) today announced the completion of the redemption of its remaining, outstanding 5.375% senior notes due 2025 (the &#8220;Notes&#8221;), which were not tendered by holders in the Company&#8217;s tender offer and consent solicitation that expired on <span class=\"xn-chron\">February 16, 2021<\/span> (the &#8220;Tender Offer&#8221;). The remaining outstanding Notes were redeemed at a redemption price equal to 102.688% of the aggregate principal amount of such Notes, plus accrued and unpaid interest on such Notes to, but excluding, the redemption date. As previously announced, the Company used a portion of the proceeds from its offering of <span class=\"xn-money\">$650 million<\/span> in aggregate principal amount of 4.125% senior notes due 2029 and <span class=\"xn-money\">$650 million<\/span> in aggregate principal amount of 4.375% senior notes due 2031, which both closed on <span class=\"xn-chron\">February 2, 2021<\/span>, to redeem the outstanding Notes not tendered in the Tender Offer.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/645657\/The_Howard_Hughes_Corporation_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/645657\/The_Howard_Hughes_Corporation_Logo.jpg\" title=\"(PRNewsfoto\/The Howard Hughes Corporation)\" alt=\"(PRNewsfoto\/The Howard Hughes Corporation)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>About The Howard Hughes Corporation<sup>\u00ae<br \/><\/sup><\/b>The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. The Company&#8217;s assets include master planned cities and communities, as well as operating properties and development opportunities including: the Seaport District in <span class=\"xn-location\">New York<\/span>; <span class=\"xn-location\">Downtown Columbia<\/span><sup>\u00ae<\/sup>, <span class=\"xn-location\">Maryland<\/span>; <span class=\"xn-location\">The Woodlands<\/span><sup>\u00ae<\/sup>, The Woodlands Hills<sup>\u00ae<\/sup>, and Bridgeland<sup>\u00ae<\/sup>\u00a0in the <span class=\"xn-location\">Greater Houston, Texas<\/span> area; Summerlin<sup>\u00ae<\/sup>, <span class=\"xn-location\">Las Vegas<\/span>; and <span class=\"xn-location\">Ward Village<\/span><sup>\u00ae\u00a0<\/sup>in <span class=\"xn-location\">Honolulu<\/span>, Hawai\u02bbi.<\/p>\n<p>\n        <b>Contacts:<br \/><\/b><br \/>\n        <b>For Media<\/b>\u00a0<br \/>The Howard Hughes Corporation<br \/><span class=\"xn-person\">Cristina Carlson<\/span>, 646-822-6910<br \/>Senior Vice President, Head of Corporate Communications <br \/><a target=\"_blank\" href=\"mailto:cristina.carlson@howardhughes.com\" rel=\"nofollow noopener noreferrer\">cristina.carlson@howardhughes.com<\/a><\/p>\n<p>\n        <b>For HHC Investor Relations<br \/><\/b><br \/>\n        <span class=\"xn-person\">David M. Striph<\/span>, 281-929-7772<br \/>Executive Vice President, Head of Operations &amp; Investor Relations<br \/><a target=\"_blank\" href=\"mailto:david.striph@howardhughes.com\" rel=\"nofollow noopener noreferrer\">david.striph@howardhughes.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY10046&amp;sd=2021-03-15\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025--301247661.html\">http:\/\/www.prnewswire.com\/news-releases\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025&#8211;301247661.html<\/a><\/p>\n<p>SOURCE  The Howard Hughes Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY10046&amp;Transmission_Id=202103151616PR_NEWS_USPR_____NY10046&amp;DateId=20210315\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HOUSTON, March 15, 2021 \/PRNewswire\/ &#8212; The Howard Hughes Corporation\u00ae \u00a0(NYSE: HHC) (the &#8220;Company&#8221;) today announced the completion of the redemption of its remaining, outstanding 5.375% senior notes due 2025 (the &#8220;Notes&#8221;), which were not tendered by holders in the Company&#8217;s tender offer and consent solicitation that expired on February 16, 2021 (the &#8220;Tender Offer&#8221;). The remaining outstanding Notes were redeemed at a redemption price equal to 102.688% of the aggregate principal amount of such Notes, plus accrued and unpaid interest on such Notes to, but excluding, the redemption date. As previously announced, the Company used a portion of the proceeds from its offering of $650 million in aggregate principal amount of 4.125% senior notes due 2029 and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458051","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HOUSTON, March 15, 2021 \/PRNewswire\/ &#8212; The Howard Hughes Corporation\u00ae \u00a0(NYSE: HHC) (the &#8220;Company&#8221;) today announced the completion of the redemption of its remaining, outstanding 5.375% senior notes due 2025 (the &#8220;Notes&#8221;), which were not tendered by holders in the Company&#8217;s tender offer and consent solicitation that expired on February 16, 2021 (the &#8220;Tender Offer&#8221;). The remaining outstanding Notes were redeemed at a redemption price equal to 102.688% of the aggregate principal amount of such Notes, plus accrued and unpaid interest on such Notes to, but excluding, the redemption date. As previously announced, the Company used a portion of the proceeds from its offering of $650 million in aggregate principal amount of 4.125% senior notes due 2029 and &hellip; Continue reading &quot;The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-15T20:19:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/645657\/The_Howard_Hughes_Corporation_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025\",\"datePublished\":\"2021-03-15T20:19:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\\\/\"},\"wordCount\":289,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/645657\\\/The_Howard_Hughes_Corporation_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\\\/\",\"name\":\"The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025 - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/","og_locale":"en_US","og_type":"article","og_title":"The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025 - Market Newsdesk","og_description":"PR Newswire HOUSTON, March 15, 2021 \/PRNewswire\/ &#8212; The Howard Hughes Corporation\u00ae \u00a0(NYSE: HHC) (the &#8220;Company&#8221;) today announced the completion of the redemption of its remaining, outstanding 5.375% senior notes due 2025 (the &#8220;Notes&#8221;), which were not tendered by holders in the Company&#8217;s tender offer and consent solicitation that expired on February 16, 2021 (the &#8220;Tender Offer&#8221;). The remaining outstanding Notes were redeemed at a redemption price equal to 102.688% of the aggregate principal amount of such Notes, plus accrued and unpaid interest on such Notes to, but excluding, the redemption date. As previously announced, the Company used a portion of the proceeds from its offering of $650 million in aggregate principal amount of 4.125% senior notes due 2029 and &hellip; Continue reading \"The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-15T20:19:46+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/645657\/The_Howard_Hughes_Corporation_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025","datePublished":"2021-03-15T20:19:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/"},"wordCount":289,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/645657\/The_Howard_Hughes_Corporation_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/the-howard-hughes-corporation-announces-the-completion-of-the-redemption-of-its-outstanding-5-375-senior-notes-due-2025\/","name":"The Howard Hughes Corporation\u00ae Announces The Completion Of The Redemption Of Its Outstanding 5.375% Senior Notes Due 2025 - 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