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RLJ Lodging Trust Completes Refinancing Transactions
RLJ Lodging Trust announced the successful refinancing of all its debt maturities through 2028, strengthening its balance sheet and extending its debt maturity schedule. The refinancing includes extending its revolver, upsizing and recasting an existing term loan, and adding a new seven-year term loan. This strategic move allows the company to address its $500 million senior notes maturing in July 2026, with no further debt maturities until 2029.