FelCor Prices $525M Senior Notes Offering

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FelCor Lodging Trust Incorporated (NYSE: FCH) and its subsidiary, FelCorLodging Limited Partnership ("FelCor LP"), today announced that FelCor LPpriced $525 million of its senior secured notes offering. The senior securednotes will bear interest at 5.625% and mature in 2023.FelCor LP intends to use the proceeds of the offering to redeem approximately$258 million in aggregate face amount of its 10% senior notes due 2014, torepay a $186 million mortgage loan that bears interest at 8.1%, both onJanuary 2, 2013, and for general corporate purposes.

27% profit every 20 days?

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