{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-061205","form_type":"8-K","ticker":"RLJ","cik":"0001511337","company_name":"RLJ Lodging Trust","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.168147+00:00","generated_at":"2026-06-14T23:36:27.215140+00:00","sec_items":["1.01","1.02","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"RLJ Lodging Trust refinances $600M revolver and enters $225M term loan; extends maturities to 2026-2027","bullets":["Revolver maturity extended to May 2027 with one 1-year extension option.","New $225M term loan matures May 2026, with two 1-year extension options to May 2028.","Proceeds used to repay two term loans maturing January 2024.","Executed $250M interest rate swaps at weighted average rate of 2.88%.","Amendment enhances flexibility and retains pricing grid from prior facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-061205","json":"https://secwatch.observer/filing/0001104659-23-061205.json","markdown":"https://secwatch.observer/filing/0001104659-23-061205.md","text":"https://secwatch.observer/filing/0001104659-23-061205.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1511337/000110465923061205/0001104659-23-061205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1511337/000110465923061205/tm2315672d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T23:36:27.215140+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0244b306bcd639ee18be5732be564eeceb3a36c4","claim":"RLJ Lodging Trust amended revolving credit of $600 million with Wells Fargo Bank, National Association at SOFR plus a credit spread adjustment of 10 basis points (“Adjusted SOFR”) plus a maturing May 10, 2027.","evidence_excerpt":"The Amended Credit Agreement (1) extends the maturity date of the Operating Partnership’s $600 million unsecured revolving credit facility (the “Revolver”) to May 10, 2027","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1511337/000110465923061205/0001104659-23-061205-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$600 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"SOFR plus a credit spread adjustment of 10 basis points (“Adjusted SOFR”) plus a"},{"label":"Maturity","value":"May 10, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"2e68dffc4b1469e2c5e9ec887c5b54baa70f6508","claim":"RLJ Lodging Trust incurred term loan of $225 million with Wells Fargo Bank, National Association at Adjusted SOFR plus a margin ranging from 145 to 220 basis points or a base rate maturing May 10, 2026.","evidence_excerpt":"provides for a new $225 million unsecured term loan with a scheduled maturity date of May 10, 2026 (the “Tranche A-1 Term Loan”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1511337/000110465923061205/0001104659-23-061205-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$225 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"Adjusted SOFR plus a margin ranging from 145 to 220 basis points or a base rate"},{"label":"Maturity","value":"May 10, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"bafe3d4e6f95315c0139fd1118bb8ff8a561e3fb","claim":"RLJ Lodging Trust amended Fourth Amended and Restated Credit Agreement with Wells Fargo Bank, National Association and the other lenders party thereto valued at $600 million (effective 2023-05-10).","evidence_excerpt":"RLJ Lodging Trust (the “Company”), as parent guarantor, and RLJ Lodging Trust, L.P., the Company’s operating partnership (the “Operating Partnership”), as borrower, entered into a Fourth Amended and Restated Credit Agreement (the “Amended Credit Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, and the other lenders party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1511337/000110465923061205/0001104659-23-061205-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association and the other lenders party thereto"},{"label":"Value","value":"$600 million"},{"label":"Effective","value":"2023-05-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}