Friday, FelCor Lodging Trust Inc. (FCH) and its subsidiary FelCor Lodging Limited Partnership reported the completion of its previously announced tender offers for all of its $215 million aggregate principal amount of senior secured floating rate notes due 2011 and all of its $300 million aggregate principal amount of 81/2% senior notes due 2011. Through October 15, 2009, when the tender offers expired, FelCor LP had received tenders for $213.3 million of the 8 1/2% Notes, or approximately 71% of the amount outstanding at the commencement of the tender offer, and $213.6 million of the Floating Rate Notes, or approximately 99% of the amount outstanding at the commencement of the tender offer. FelCor LP expects to call for redemption all remaining Floating Rate Notes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.