NYSE:RLJHotel and Resort REITs
Pushing RLJ’s Next Debt Maturity to 2029 Might Change The Case For Investing In RLJ (RLJ)
In February 2026, RLJ Lodging Trust refinanced all of its debt maturities through 2028, extending its US$600 million revolver to 2031, upsizing and recasting a term loan to about US$570 million, adding a new US$150 million seven-year delayed-draw term loan maturing in 2033, and refinancing about US$155 million of mortgage loans to 2031.
The company now has no debt maturing until 2029 and plans to use incremental proceeds to fully address its US$500 million senior notes due July 2026,...