{"id":27476,"date":"2012-02-20T08:14:55","date_gmt":"2012-02-20T13:14:55","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27476"},"modified":"2012-02-20T08:14:55","modified_gmt":"2012-02-20T13:14:55","slug":"travelodge-to-get-financing-from-hedge-funds-amid-restructuring","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2012\/travelodge-to-get-financing-from-hedge-funds-amid-restructuring.html","title":{"rendered":"Travelodge to Get Financing From Hedge Funds Amid Restructuring"},"content":{"rendered":"<p>Bloomberg &#8211; Travelodge Ltd. will get financing from two New York-based hedge funds as the U.K. budget hotel chain owned by Dubai International Capital restructures debt.<\/p>\n<p>Avenue Capital Group LLC and GoldenTree Asset Management LP have underwritten a medium-term facility of 60 million pounds ($95 million), James Leviton, a spokesman for Travelodge, said by phone after the Sunday Times reported the company had six weeks to raise the money or it could face bankruptcy.<\/p>\n<p><a href=\"http:\/\/news.businessweek.com\/article.asp?documentKey=1376-LZN5BS0YHQ0X01-6OHUV2CS9HU0R85UMAJCOPBI1U\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Travelodge Ltd. will get financing from two New York-based hedge funds as the U.K. budget hotel chain owned by Dubai International Capital restructures debt. Avenue Capital Group LLC and GoldenTree Asset Management LP have underwritten a medium-term facility [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27476","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=27476"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27476\/revisions"}],"predecessor-version":[{"id":27477,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27476\/revisions\/27477"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}