( NYSE : HOS ) announced today that it has agreed to sell $ 250,000,000 aggregate principal amount of its 8.000 % Senior Notes due 2017 ( the " Senior Notes " ) in a private placement pursuant to Rule 144A under the Securities Act of 1933 , as amended ( the " Securities Act " ) . This represents a $ 50.0 million increase from the aggregate transaction size announced August 12 , 2009 . The closing is expected to occur August 17 , 2009 , subject to customary closing conditions .