secwatch.observer — SEC 8-K summary
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Issuer:     Sabra Health Care REIT, Inc. (SBRA)
CIK:        0001492298
Form:       8-K
Filed at:   2021-09-22T23:59:59+00:00
Accession:  0001193125-21-279486
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabra Health Care REIT prices $800M 3.200% senior notes due 2031; to redeem $300M 4.800% notes
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- Offers $800M of 3.200% senior notes due 2031; closing expected Sep 30, 2021.
- Net proceeds to redeem all $300M of 4.800% senior notes due 2024 (redemption date Oct 7) and repay $345M term loans due 2023.
- Remaining proceeds for future investments or general corporate purposes; temporarily invest in short-term instruments.
- Issuer delivered irrevocable notice of redemption for 2024 Notes on Sep 22; callable with make-whole premium plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492298/000119312521279486/0001193125-21-279486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492298/000119312521279486/d234073d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-279486

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