trending Market Intelligence /marketintelligence/en/news-insights/trending/4TH491ABPZxuS1d2d_iDSg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

FelCor obtains required consent to amend notes indenture as part of RLJ merger

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

FelCor obtains required consent to amend notes indenture as part of RLJ merger

FelCor Lodging Trust Inc.'s FelCor Lodging LP received the required consents for its plan to amend the indenture governing its 6.000% senior notes due 2025.

The company said the solicitation expired with holders of roughly $462.4 million, or 97.35% of the notes' outstanding amount, consenting to the proposed indenture change.

Accordingly, FelCor, FelCor Lodging and the guarantors signed a first supplemental indenture with U.S. Bank NA as the notes' trustee to primarily provide that the operating partnership's obligation to make a change-of-control offer will not apply to the company's proposed merger with RLJ Lodging Trust, which requested and funded the solicitation.

The first supplemental indenture, which went into effect immediately, as well as the proposed indenture amendment will not become operative until immediately before the effective time of the proposed combination of FelCor and RLJ's respective operating partnerships as part of the companies' merger deal.

FelCor and RLJ expect their merger to close on or about Aug. 31.