CHCT enters interest rate swaps on $150M term loan with fixed rates 5.051%-5.384%

Community Healthcare Trust Inc

Entered swap agreements with four banks to fix interest rate on new $150M A-5 Term Loan under the Credit Agreement.
Swap rates upon execution: 3.001% to 3.334%; adjusted for current Pricing Grid of 2.05% results in fixed rates of 5.051% to 5.384%.
The A-5 Term Loan is part of the First Amendment to the Third Amended and Restated Credit Agreement dated Dec 14, 2022.
Company locks in financing costs for seven-year and three-month term loan facility.

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