Sept 10 (Reuters) - Morgans Hotel Group Co:
* Provides update on the status of the debt secured by Hudson and Mondrian Los
Angeles
* Says forbearance agreements have been extended until October 12, 2010
* Says extension will allow co and the lenders to complete appropriate
amendments to further extend the loans
* Loans are $217.0 million first mortgage secured by Hudson, $120.5 million
first mortgage loan secured by Mondrian Los Angeles
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Provides update on the status of the debt secured by Hudson and Mondrian Los
Angeles
* Says forbearance agreements have been extended until October 12, 2010
* Says extension will allow co and the lenders to complete appropriate
amendments to further extend the loans
* Loans are $217.0 million first mortgage secured by Hudson, $120.5 million
first mortgage loan secured by Mondrian Los Angeles
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News
