Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
RLJ Lodging Trust amended term loan of $500 million with Wells Fargo Bank, National Association at SOFR plus a margin ranging from 135 to 190 basis points maturing September 24, 2027.
- Instrument
- term loan
- Principal
- $500 million
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- SOFR plus a margin ranging from 135 to 190 basis points
- Maturity
- September 24, 2027
- Event
- amendment
Exact text from the filing
The Amended Credit Agreement also documents the existing $500 million unsecured term loan originally incurred under the Prior Credit Agreement with an initial scheduled maturity date of September 24, 2027, which maturity date may be extended by the Operating Partnership pursuant to up to two 1-year extension options subject to the satisfaction of certain customary conditions set forth in the Amended Credit Agreement (the “Tranche A-2 Term Loan”)
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
RLJ Lodging Trust incurred term loan of $569 million with Wells Fargo Bank, National Association at SOFR plus a margin ranging from 135 to 190 basis points maturing February 11, 2031.
- Instrument
- term loan
- Principal
- $569 million
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- SOFR plus a margin ranging from 135 to 190 basis points
- Maturity
- February 11, 2031
- Event
- incurrence
Exact text from the filing
a new $569 million unsecured delayed draw term loan with a scheduled maturity date of February 11, 2031 (the “Tranche A-1 Term Loan”)
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
RLJ Lodging Trust amended revolving credit of $600 million with Wells Fargo Bank, National Association at SOFR plus a margin ranging from 140 to 195 basis points maturing February 11, 2030.
- Instrument
- revolving credit
- Principal
- $600 million
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- SOFR plus a margin ranging from 140 to 195 basis points
- Maturity
- February 11, 2030
- Event
- amendment
Exact text from the filing
The Amended Credit Agreement provides for (i) an extension of the scheduled maturity date of the Operating Partnership’s $600 million revolving credit facility (the “Revolver”) from May 10, 2027 to February 11, 2030, which maturity date may be further extended pursuant to either a one 1-year extension option or up to two 6-month extension options, subject to the satisfaction of certain customary conditions set forth in the Amended Credit Agreement
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
RLJ Lodging Trust amended Sixth Amended and Restated Credit Agreement with Wells Fargo Bank, National Association valued at $600 million (effective 2026-02-11).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association
- Value
- $600 million
- Effective
- 2026-02-11
Exact text from the filing
On February 11, 2026 (the "Closing Date"), 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 Sixth 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.
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