secwatch.observer — SEC 8-K summary
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Issuer:     RLJ Lodging Trust (RLJ)
CIK:        0001511337
Form:       8-K
Filed at:   2021-09-09T23:59:59+00:00
Accession:  0001104659-21-114266
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RLJ Lodging Trust prices $500M senior secured notes at 4.000%, due 2029
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- $500M aggregate principal, 4.000% coupon, maturity Sept 15, 2029, priced at 100% of face value.
- Net proceeds to redeem all outstanding 6.000% senior notes due 2025 of FelCor Lodging Limited Partnership.
- Expected closing on September 13, 2021, subject to customary conditions.
- Notes secured by first-priority security interest in equity interests of the operating partnership and certain subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1511337/000110465921114266/0001104659-21-114266-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1511337/000110465921114266/tm2127053d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-114266

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