FelCor secures $212 million in refinancing

05/5/2010 | GlobeSt.com

FelCor Lodging Trust secured a $212 million loan for a nine-hotel, 2,500-key portfolio. Proceeds from the floating-rate loan were used to repay six loans totaling $210 million. It also unencumbered two hotels as well. Cushman & Wakefield Sonnenblick Goldman's Global Hospitality Group arranged the financing, which matures in 2015.

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