American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

RE:interest at HIGH rate I think!!!!!!

[Investorguy123]

calm down!

AHIP intends to use the net proceeds from the Offering, together with cash on hand, to fund the intended redemption of the Company’s outstanding convertible unsecured subordinated debentures due on June 30, 2022, with an aggregate principal amount outstanding of US$48,875,000, trading on the TSX under the trading symbol “HOT.DB.U” (the “2022 Debentures”). Any additional net proceeds resulting from an exercise of the over-allotment option will be used, in lieu of cash on hand, to fund the aforementioned intended redemption of the 2022 Debentures, with any remainder used to partially pay down the Company’s revolving credit facility.