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FelCor to redeem $144 million of 10% senior secured notes due 2014
By Toni Weeks
San Diego, June 2 -FelCor Lodging Trust Inc.'s general partner FelCor Lodging LP has issued a call to redeem $144 million of its $636 million of 10% senior secured notes due 2014, according to an 8-K filing with the Securities and Exchange Commission.
The notes will be redeemed by June 16 at 110 plus accrued interest using the proceeds from FelCor's recent equity offering.
The issuer is an Irving, Texas, real estate trust.
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