Crescent Announces Redemption of $250 Million Senior Unsecured Notes 
FORT WORTH, TX (REIT Media) July 2, 2007 - Crescent Real Estate Equities Company (NYSE:CEI) today announced the redemption of the 2007 Bonds as of Friday June 29, 2007. The 7.5% ten-year notes were held by Crescent Real Estate Equities Limited Partnership and were scheduled to mature in September of this year.
ABOUT THE COMPANY
Crescent Real Estate Equities Company (NYSE:CEI) is a real estate investment trust headquartered in Fort Worth, Texas. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 68 premier office buildings totaling 27 million square feet located in select markets across the United States with major concentrations in Dallas, Houston, Denver, Miami, and Las Vegas. Crescent also holds investments in resort residential developments in locations such as Scottsdale, AZ, Vail Valley, CO, and Lake Tahoe, CA; and in the wellness lifestyle leader, Canyon Ranch®. For more information, visit Crescent's Web site at www.crescent.com.
Source: Crescent Real Estate Equities Company
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Jul.02.2007. 08:45
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