---
schema_version: "secwatch.filing_event.v1"
accession: "0000888491-23-000027"
form_type: "8-K"
ticker: "OHI"
cik: "0000888491"
company_name: "OMEGA HEALTHCARE INVESTORS INC"
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T16:02:45.018979+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Omega Healthcare closes $400M unsecured term loan, swaps to fix rate at 5.565%

## Summary
- Term loan of $400M matures August 8, 2025, with two 12-month extension options.
- Fixed-for-floating swaps fix SOFR at 4.015%; all-in fixed rate 5.565% through August 6, 2027.
- Proceeds for healthcare property acquisitions, refinancing, capex, and general corporate purposes.
- Interest rate margins range from 0.85% to 1.85% for SOFR advances, based on debt ratings.
- Credit agreement includes customary covenants: max leverage, minimum fixed charge coverage, etc.

## SEC filing metadata
- accession: 0000888491-23-000027
- form_type: 8-K
- ticker: OHI
- cik: 0000888491
- company_name: OMEGA HEALTHCARE INVESTORS INC
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/888491/000088849123000027/0000888491-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/888491/000088849123000027/ohi-20230808x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000888491-23-000027
- JSON: https://secwatch.observer/filing/0000888491-23-000027.json
- Plain text: https://secwatch.observer/filing/0000888491-23-000027.txt

## Key facts
- Material Agreements
  OMEGA HEALTHCARE INVESTORS INC entered into Credit Agreement with a syndicate of financial institutions, as lenders, and Bank of America, N.A., as administrative agent valued at $400 million (effective 2023-08-08).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: a syndicate of financial institutions, as lenders, and Bank of America, N.A., as administrative agent
  - Value: $400 million
  - Effective: 2023-08-08
  source text: On August 8, 2023, Omega Healthcare Investors, Inc. (" Omega " or the " Company ") obtained a new $400 million senior unsecured term loan (the " Term Loan ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/888491/000088849123000027/0000888491-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.