---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-104313"
form_type: "8-K"
ticker: "RLJ"
cik: "0001511337"
company_name: "RLJ Lodging Trust"
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:43:07.020371+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# RLJ Lodging Trust closes $500M term loan, repays $400M existing loan and $100M revolver

## Summary
- New $500M Tranche A-2 term loan matures Sept 24, 2027, with two 1-year extension options.
- $400M existing term loan (due May 2025) and $100M of revolver borrowings repaid with proceeds.
- $600M revolver (matures May 2027) and $225M Tranche A-1 term loan (matures May 2026) terms unchanged.
- Credit agreement allows potential increase of revolver to $750M and term loans to $600M each.
- Leverage covenant set at max 7.25x; 35bp rate increase if leverage exceeds 6.5x for a quarter.

## SEC filing metadata
- accession: 0001104659-24-104313
- form_type: 8-K
- ticker: RLJ
- cik: 0001511337
- company_name: RLJ Lodging Trust
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1511337/000110465924104313/0001104659-24-104313-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1511337/000110465924104313/tm2425164d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-104313
- JSON: https://secwatch.observer/filing/0001104659-24-104313.json
- Plain text: https://secwatch.observer/filing/0001104659-24-104313.txt

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