PRNewswire -- Host Hotels & Resorts, Inc. (NYSE: HST) today announced the pricing of its public offering of 66,000,000 shares of common stock at a price of $6.60 per share. Merrill Lynch & Co., Deutsche Bank Securities, Goldman, Sachs & Co. and J.P.Morgan acted as joint book-running managers for this offering, and ABN AMRO Incorporated, Barclays Capital, BNY Mellon Capital Markets, LLC, Calyon Securities (USA) Inc., Citi, Raymond James, Scotia Capital, UBS Investment Bank and Wachovia Securities acted as co-managers. The underwriters will be granted a 30-day option to purchase up to an additional 9,750,000 shares of common stock to cover over-allotments, if any.
