RLJ Lodging Trust Announces Pricing of Senior Secured Notes Offering
Vinson & Elkins advised the initial purchasers in connection with an offering of $500 million of 4.000% senior secured notes by RLJ Lodging Trust, L.P. The deal priced on September 9, 2021 and is expected to close on September 13, 2021, subject to customary closing conditions.
RLJ Lodging Trust, L.P. is the operating partnership of RLJ Lodging Trust, a self-advised, publicly traded REIT focused on owning premium-branded, focused-service and compact full-service hotels.
The V&E corporate team was led by partners Chris Green and David Stone, with senior associate Zach Swartz and associates Tyler Johnson and Austin Scieszinski. Also advising were senior associate Maya Bobbitt; and partner Chris Mangin, senior associate Paige Anderson and associate Maddie Brown.
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