RLJ Lodging (RLJ) Sees IPO Price of $19 - $21/Share

RLJ Lodging Trust (NYSE: RLJ) filed an amended registration with the U.S. Securities and Exchange Commission today for an Initial Public Offering of its Common Shares, setting the terms of the Offering. RLJ Lodging plans to sell 27.5 million Common Shares and sees an offering price of $19 - $21 per Share. RLJ Lodging filed to list on the New York Stock Exchange under the ticker "RLJ."

The offering is being made through BofA Merrill Lynch, Barclays Capital, Wells Fargo Securities, Deutsche Bank Securities, Goldman, Sachs & Co., KeyBanc Capital Markets, Raymond James, and RBC Capital Markets.

RLJ Lodging Trust is a self-advised and self-administered Maryland real estate investment trust, which invests primarily in premium-branded, focused-service and compact full-service hotels.

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