UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 20, 2002
FELCOR LODGING TRUST INCORPORATED
(Exact name of registrant as specified in its charter)
Maryland 1-14236 75-2541756
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
545 E. John Carpenter Freeway
Suite 1300
Irving, Texas 75062
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (972) 444-4900
(Former name or former address, if changed since last report)
Item 5. Other Events and Regulation FD Disclosure
On December 20, 2002, FelCor Lodging Trust Incorporated, or the
Company, FelCor Lodging Limited Partnership, a Delaware limited partnership of
which the Company is the sole general partner, or the Partnership, and FelCor
Canada Co., a Nova Scotia unlimited liability company and an indirect
wholly-owned subsidiary of the Partnership, entered into a Third Amendment and
Consent to the Seventh Amended and Restated Credit Agreement with the lenders
from time to time a party thereto, JPMorgan Chase Bank and J.P. Morgan Bank
Canada, as administrative agent for the lenders, and Deutsche Bank Trust Company
Americas, as syndication agent. The amendment revises covenant levels to provide
the Company with greater financial and operating flexibility. The Company also
reduced the credit facility commitments to $300 million from $615 million. There
are no amounts currently outstanding under this credit facility. This amendment
is being filed as an exhibit to this report and is incorporated herein by
reference.
The Company also issued a press release, dated as of December 20, 2002,
announcing this amendment to the credit facility. This press release is also
filed with this report.
Item 7. Financial Statement and Exhibits
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Exhibits.
The following exhibits are furnished in accordance with Item 601 of
Regulation S-K:
Exhibit
Number Description of Exhibit
------ ----------------------
10.18.3 - Third Amendment and Consent to Seventh Amended and
Restated Credit Agreement, dated as of December 20,
2002, among FelCor Lodging Trust Incorporated, FelCor
Lodging Limited Partnership and FelCor Canada Co., as
borrowers, the lenders party thereto, JPMorgan Chase
Bank and J.P. Morgan Bank Canada, as administrative
agents, and Deutsche Bank Trust Company Americas, as
syndication agent.
99.1 - Press Release dated December 20, 2002.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FELCOR LODGING TRUST INCORPORATED
Date: December 23, 2002 By: /s/ Lawrence D. Robinson
---------------------------------
Name: Lawrence D. Robinson
Title: Executive Vice President
and General Counsel
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INDEX TO EXHIBITS
Exhibit
Number Description of Exhibit
------ ----------------------
10.18.3 - Third Amendment and Consent to Seventh Amended and
Restated Credit Agreement, dated as of December 20,
2002, among FelCor Lodging Trust Incorporated, FelCor
Lodging Limited Partnership and FelCor Canada Co., as
borrowers, the lenders party thereto, JPMorgan Chase
Bank and J.P. Morgan Bank Canada, as administrative
agents, and Deutsche Bank Trust Company Americas, as
syndication agent.
99.1 - Press Release dated December 20, 2002.