IRVING, TX FelCor Lodging Trust, along with its subsidiary FelCor Lodging Limited Partnership, offered to exchange as much as $400 million in aggregate principal amount of FelCor LPs 9.5% senior notes due 2008.
The notes were issued and sold September 15 in a transaction exempt from the Securities Act. FelCor, which owns 187 hotels with 50,000 rooms, estimates its market capitalization at $3.4 billion. (10/31/00)