---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-116417"
form_type: "8-K"
ticker: "RLJ"
cik: "0001511337"
company_name: "RLJ Lodging Trust"
filed_at: "2021-09-16T23:59:59+00:00"
generated_at: "2026-06-29T03:13:15.221001+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# RLJ issues $500M 4% secured notes due 2029 to refinance 6% FelCor notes; amends credit facilities

## Summary
- Issued $500M 4.000% Senior Secured Notes due 2029; proceeds to redeem FelCor's 6.00% senior notes due 2025.
- Amended Credit Agreement and Term Loan to allow one-year extension on $151.7M Tranche A-1 and $73.0M Five Year Term Loans.
- Extended term loans will incur a 0.30% increase in Applicable Margin from the initial maturity date.
- Acquisition basket for unencumbered properties raised to $450M (no revolver drawn) or $300M (if revolver drawn ≤$200M).
- Extension fee of 0.15% of extended loans payable to consenting lenders.

## SEC filing metadata
- accession: 0001104659-21-116417
- form_type: 8-K
- ticker: RLJ
- cik: 0001511337
- company_name: RLJ Lodging Trust
- filed_at: 2021-09-16T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1511337/000110465921116417/0001104659-21-116417-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1511337/000110465921116417/tm2127684d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-116417
- JSON: https://secwatch.observer/filing/0001104659-21-116417.json
- Plain text: https://secwatch.observer/filing/0001104659-21-116417.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.