debt
confidence high
sentiment positive
materiality 0.65
CHCT upsizes revolving credit facility to $400M, extends maturity to 2029
Community Healthcare Trust Inc
- Revolving facility increased from $150M to $400M; maturity extended from March 2026 to October 2029.
- Proceeds used to repay $75M A-3 Term Loan (due March 2026); ~$123M remains outstanding under facility.
- Interest rate spread reduced by 10–30 bps (SOFR + 1.15%–1.75% depending on leverage).
- Next debt maturity now in March 2028 (A-4 Term Loan); total accordion capacity up to $875M.
- Facility supported by 12 lenders with Truist Bank as administrative agent.