debt
confidence high
sentiment positive
materiality 0.50
Healthpeak extends $3B revolver to Jan 2029; SOFR+77.5 bps pricing
HEALTHPEAK PROPERTIES, INC.
- Credit facility extended to January 2029 with two six-month extension options.
- Lender commitments exceeded $5B on a $3B facility, oversubscribed.
- Pricing: SOFR plus 77.5 bps; facility fee 15 bps per annum (current ratings).
- Conforming amendments made to term loans; no change to maturity, pricing, or amounts.
- BofA, JPMorgan, Wells Fargo led; BofA and Credit Agricole as sustainability agents.