Notable Stocks News Buzz: CF Industries Holdings, Inc. (NYSE:CF), Host Hotels and Resorts Inc (NYSE:HST)

On Monday, Shares of CF Industries Holdings, Inc. (NYSE:CF), included 3.14% and shut at $29.87 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $29.83 and $30.24. The business’ commercial center capitalization is $7.44 Billion with the aggregate fabulous loads of 233.11 million. CF Industries Holdings, Inc. (CF) recently declared that it has prepaid the $1.0 billion aggregate principal amount of its senior notes due 2022, 2025 and 2027, and paid the related make-whole amount of about $170 million. The make-whole amount was significantly less than the amount formerly estimated (about $210 million as of October 31, 2016) as a result of subsequent changes in market interest rates.

CF Industries made the prepayment and make-whole payment using the proceeds from its formerly declared offering of $1,250,000,000 aggregate principal amount of senior secured notes comprising $500,000,000 aggregate principal amount of senior secured notes due 2021 and $750,000,000 aggregate principal amount of senior secured notes due 2026.

In connection with the completion of the offering and the prepayment of the senior notes due 2022, 2025 and 2027, the formerly declared amendments to the company’s revolving credit facility became effective. The amendments include, among other things, changes in and additions to the financial covenants and a reduction in the size of the facility from $1.5 billion to $750 million.

Shares of Host Hotels and Resorts Inc (NYSE:HST), added 1.65% and shut at $16.68 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $16.49 and $16.74. The association’s commercial center capitalization is $12.13 Billion with the general uncommon loads of 739.87 million. Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm mainly engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. It also invests in Canada, Mexico, Chile, the United Kingdom, Italy, Spain, and Poland. The firm mainly invests in luxury and upper upscale hotels.

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