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-0.0217129071170088 -0.0217129071170088 -0.00482509047044664 -0.00482509047044664 -0.00361881785283509 0.004825090470446 0.00904704463208655 0.00965018094089243
Stock impact report

RLJ Lodging Trust Successfully Completes Refinancing Transactions

RLJ Lodging Trust Common Shares of Beneficial Interest $0.01 par value (RLJ) 
Last rlj lodging trust common shares of beneficial interest $0.01 par value earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.rljlodgingtrust.com
Company Research Source: Business Wire
Extends Revolving Credit Facility and Increases Unsecured Term Loan Capacity BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the successful refinancing of all of its debt maturities through 2028, further laddering its debt maturity schedule and strengthening its balance sheet. The refinancing consists of four tranches including the extension of its revolver, the upsize and recast of one of its existing term loans, the addition of a new seven-year term loan, as well as the refinancing of its secured debt maturing in 2026. The Company intends to use the incremental proceeds raised to pay off its $500 million senior notes at maturity in July 2026. Following this refinancing, the Company’s next debt maturity is not until 2029.“We are thrilled with the successful execution of these transactions, which further ladder our debt maturities and strengthen our balance sheet, as we continue to execute on our growth initiatives. While we refinanced Show less Read more
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