RLJ Lodging Trust said it has completed a multi-part refinancing that extends all of its debt maturities through 2028 and pushes its next maturity to 2029. The transactions include extending its $600 million revolving credit facility to 2031, upsizing and recasting an existing term loan to about $570 million maturing in 2031, adding a new $150 million seven-year delayed-draw term loan maturing in 2033, and refinancing roughly $155 million of mortgage loans to extend maturity to April 2031. RLJ said it plans to use incremental delayed-draw proceeds to repay its $500 million senior notes due July 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RLJ Lodging Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20260218866737) on February 18, 2026, and is solely responsible for the information contained therein.