Lodging REIT, Ryman Hospitality Properties, Inc. ( RHP - Free Report ) revealed a number of refinancing transactions that helped the company achieve financial flexibility. The company extended earliest debt maturity, achieved favorable pricing and made additional capacity for investments in growth drivers. Particularly, the company repriced and extended its $700 million revolving credit facility due 2021. Also, it closed a new $200 million term loan A due 2022 as well as repriced, extended and upsized its term loan B from $389 million to $500 million due 2024. Per the company, these transactions have been leverage neutral with the proceeds of both the term loan A and the upsized term loan B being utilized for paying down balances on the revolving credit facility. In fact, the company has been able to lower cost of capital by improving pricing on its term loan B and revolver as well as extended its earliest debt maturity by two years to 2021 from 2019.