other material
confidence high
sentiment neutral
materiality 0.50
Sabra Health Care REIT terminates $500M ATM program; $475M unsold shares remain
Sabra Health Care REIT, Inc.
- Terminated equity distribution agreement on Nov 9, 2022.
- ATM program had $475M of unsold shares at termination; no forward agreements outstanding.
- Program had provided for issuance of up to $500M of common stock through banks.
- Termination ends potential equity issuance under the agreement.