News / RLJ Lodging Trust strengthens balance sheet by refinancing over $1.0 Billion of debt

RLJ Lodging Trust strengthens balance sheet by refinancing over $1.0 Billion of debt

🕔 April 29, 2016
North Point Hospitality Group secures financing for Marriott tri-branded new property in Nashville

RLJ Lodging Trust has recently announced that it successfully refinanced over $1.0 billion of debt consisting of a $400.0 million unsecured term loan, a $400.0 million revolving credit facility, $148.5 million in secured loans provided by Wells Fargo Bank, N.A., and an $85.0 million secured loan provided by PNC Bank, N.A.

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