Hotel Property Investments announces it has priced long-term debt finance of A$230 mln

June 23 (Reuters) - Hotel Property Investments Ltd (HPI)

:  
    * HPI prices a$230 million in uspp notes  
  • Announces that it has priced long-term debt finance of a$230m via us private placement market
  • Diversifying HPI's debt funding reduces existing bank debt to about 19 percent of total debt
  • Upon settlement, co will use proceeds to reduce its existing bank debt


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