secwatch.observer — SEC 8-K summary
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Issuer:     LTC PROPERTIES INC (LTC)
CIK:        0000887905
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001104659-25-121150
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LTC Properties increases credit facility to $800M, adds term loans through 2032
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- Aggregate commitment increased from $600M to $800M via incremental facility and new term loans.
- Term loans: $50M due 2028, $55M due 2029, $55M due 2030, $40M due 2032.
- Interest rate swaps fix rates at 4.61% (2028), 4.65% (2029), 4.70% (2030), 5.22% (2032).
- Material terms of existing Credit Agreement (dated July 21, 2025) otherwise unchanged.
- Lenders include KeyBank, Wells Fargo, Citizens, Huntington, RBC, U.S. Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887905/000110465925121150/0001104659-25-121150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887905/000110465925121150/tm2533333d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-121150

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