RLJ Lodging Trust

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Rlj Lodging Trust Amends Credit Facilities To Extend Maturities And Increase Acquisition Limits

Published: 09/16/2021 20:36 GMT
RLJ Lodging Trust (RLJ) - Rlj Lodging Trust Amends Credit Facilities to Extend Maturities and Increase Acquisition Limits.
Rlj Lodging - Amended Corporate Credit Facilities to Include 1-year Extension Option for About $225 Million of $319 Million Term Loans That Mature in Jan 2023.
Rlj Lodging Trust - Amendments Increase Flexibility to Acquire Hotels Using Existing Balance Sheet Capacity During Covenant Relief Period.
Rlj Lodging Trust - Basket for Acquisitions of Hotels Was Increased From $300 Million to $450 Million, Subject to Certain Conditions.