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FelCor calls $10 million of 9½% notes
Pittsburgh, Oct. 27 - FelCor Lodging Trust Inc. subsidiary FelCor Lodging LP will redeem $10 million of its outstanding 9½% senior notes due 2008 at a price of $1,047.50 per $1,000 principal amount plus accrued interest, according to a company news release.
The redemption date is Nov. 26.
About $46 million of the notes will be outstanding after the redemption, the release said.
FelCor is an Irving, Texas-based hotel real estate investment trust and owner of full service, all-suite hotels.
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