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FelCor calls all $34.52 million 9½% notes
By Caroline Salls
Pittsburgh, Dec. 1 - FelCor Lodging Trust Inc. said it will redeem all $34.52 million outstanding of its 9½% senior notes due 2008 on Dec. 31 at a price of $1,047.50 per $1,000 principal amount plus interest accrued to the redemption date.
Following this redemption, FelCor will have retired the entire $600 million note issue.
FelCor is an Irving, Texas-based hotel real estate investment trust and owner of full service, all-suite hotels.
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