"It had an aggressive structure and fee -- that deal could not get done today."
-- Andy Welch, chief financial officer at FelCor, on his REIT's new revolver.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts