One of the year's most talked about syndicated loans is back in the spotlight after the borrower announced a sweeping restructuring and disappointing third-quarter results.

Needham, Mass.-based Meditrust Corp. last Thursday announced plans to restructure the company by dividing into separate health-care and hotel companies. The real estate investment trust also said it will sell off as much as $1 billion of assets and cut dividends by 26%.

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