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FelCor Lodging Trust, 9.00% Dep Shares Series B Cumul Redeem Preferred Stock
Ticker Symbol: FCH-B* CUSIP: 31430F408 Exchange: NYSE
* NOTE: This security is no longer trading as of 9/12/2005
Security has been Called for: Monday, September 12, 2005
Aug. 12, 2005 -- FelCor Lodging Trust Incorporated, pursuant to its press release dated August 11, 2005, announced that it had called for redemption all of the remaining outstanding shares of its 9% Series B Cumulative Redeemable Preferred Stock and the corresponding depositary shares (CUSIP No. 31430F 40 8) representing the Series B Preferred Stock. The depositary shares, which are traded on the New York Stock Exchange under the symbol "FCHPRB", will be redeemed on September 12, 2005, at a cash redemption price of $25.2563 per depositary share, representing the liquidation preference of $25.00 per depositary share, plus accrued and unpaid dividends to the date of redemption. ________
3/21/2005 -- Information from the FelCor IR Dept. is that the partial call date for FCH-B is April 8, 2005 and the call represents approximately 80% of the outstanding shares. ________
March 8, 2005 -- FelCor Lodging Trust Incorporated (NYSE: FCH) today announced that it has entered into an underwriting agreement to sell 5.4 million depositary shares, each representing 1/100 of a share of its 8% Series C Cumulative Redeemable Preferred Stock, at a price to public of $25.00 per depositary share. The gross proceeds of the offering of $135 million will be used to redeem 54,000 shares of FelCor's currently outstanding 9% Series B Cumulative Redeemable Preferred Stock and the corresponding 5,400,000 depositary shares (CUSIP No. 31430F 40 8) representing the Series B preferred stock being redeemed.
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QUANTUMONLINE.COM SECURITY DESCRIPTION: FelCor Suite Hotels, Inc., now FelCor Lodging Trust Inc. (NYSE: FCH), Depositary Shares, liquidation preference $25 per depositary share, each representing 1/100 of a share of 9% Series B Cumulative Redeemable Preferred Stock, redeemable at the issuer's option on or after 5/07/2003 at $25 per share plus accrued and unpaid dividends, with no stated maturity, and with distributions of 9.00% ($2.25) per annum paid quarterly on 1/31, 4/30, 7/31 & 10/31 to holders of record on the date fixed by the board, not more than 60 days prior to the payment date. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (RLJ)
IPO - 5/1/1998 - 5.00 Million Shares @ $25.00/share.
Link to IPO Prospectus
Market Value $133.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 545 East John Carpenter Freeway, Suite 1300, Irving, TX 75062 |
| Main Phone Number |
972-444-4900 |
| Fax Number |
972-444-4949 |
| Investor Relations
Stephen A. Schafer
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972-444-4912
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Toll Free Phone Number |
Unknown |
| CEO - Richard A. Smith |
CFO - Andrew J. Welch |
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