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Prospect News home > News index > List of issuers F > Headlines for FelCor Lodging Trust Inc. > News item
Published on 6/8/2010 in the Prospect News Bank Loan Daily.

FelCor Lodging to repay $177 million of secured loans at a discount

By Sara Rosenberg

New York, June 8 - FelCor Lodging Trust Inc. is repaying $177 million of secured loans at a discount of $130 million, plus accrued interest, according to a news release.

The two loans being repaid are priced at Libor plus 155 basis points and are scheduled to mature in May 2012.

The payment will be funded with cash on hand.

FelCor is an Irving, Texas-based real estate investment trust that owns upscale all-suite hotels.


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