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LHO > SEC Filings for LHO > Form 8-K on 17-Jun-2014All Recent SEC Filings

Show all filings for LASALLE HOTEL PROPERTIES

Form 8-K for LASALLE HOTEL PROPERTIES


17-Jun-2014

Regulation FD Disclosure, Other Events, Financial Statements and Exhibit


ITEM 7.01. REGULATION FD DISCLOSURE.
On June 17, 2014, LaSalle Hotel Properties (the "Company") issued a press release announcing the sale of the Hilton Alexandria Old Town. A copy of such press release is furnished as Exhibit 99.1 to this report.



ITEM 8.01. OTHER EVENTS.
The Company sold the Hilton Alexandria Old Town for approximately $93.4 million. Proceeds from the transaction will be used to reduce borrowings on the Company's senior unsecured credit facility and redeem the outstanding 7.25% Series G Cumulative Redeemable Preferred Shares. The preferred share redemption will close on July 3, 2014.



ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit Number   Description
99.1             Press release dated June 17, 2014

The information contained in the press release attached as Exhibit 99.1 to this report shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Furthermore, the information contained in the press release attached as Exhibit 99.1 to this report shall not be deemed to be incorporated by reference in the filings of the registrant under the Securities Act of 1933, as amended.
Forward-Looking Statements
This report contains certain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project," "may," "plan," "seek," "should," "will" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Forward-looking statement in this report include statements about the use of proceeds from the transaction and the preferred share redemption.


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