{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-002031","form_type":"8-K","ticker":"SBRA","cik":"0001492298","company_name":"Sabra Health Care REIT, Inc.","filed_at":"2023-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.225118+00:00","generated_at":"2026-06-20T19:33:40.896256+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Sabra Health Care REIT renews credit facility with $1.0B revolver and $580M in term loans","bullets":["Sixth amended credit agreement: $1.0B revolver maturing Jan 2027 with two six-month extensions.","$430M USD term loan and $150M CAD term loan (~$110M USD) both mature Jan 2028.","Pricing consistent with prior facility; revolver spread 110 bps, term loan spread 125 bps at close.","Accordion feature allows capacity increase up to $2.75B subject to terms.","CEO says renewal improves debt maturity profile, pushing next material maturity to Aug 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-002031","json":"https://secwatch.observer/filing/0001193125-23-002031.json","markdown":"https://secwatch.observer/filing/0001193125-23-002031.md","text":"https://secwatch.observer/filing/0001193125-23-002031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1492298/000119312523002031/0001193125-23-002031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1492298/000119312523002031/d425254d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T19:33:40.896256+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b9f2f30dda3407f20a1827b88a81bac5880fce75","claim":"Sabra Health Care REIT, Inc. amended term loan of CAD $150.0 million Canadian dollar term loan with Bank of America, N.A. at The Canadian dollar Term Loan bears interest on the outstanding principal amount maturing January 4, 2028.","evidence_excerpt":"the Credit Agreement. The Credit Agreement includes a $1.0 billion revolving credit facility (the “Revolving Credit Facility”), a $430.0 million U.S. dollar term loan and a CAD $150.0 million Canadian dollar term loan (collectively, the “Term Loans”). The Prior Credit Agreement included a $1.0 billion revolving credit facility, $1.1 billion in U.S. dollar term loans","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1492298/000119312523002031/0001193125-23-002031-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"CAD $150.0 million Canadian dollar term loan"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"The Canadian dollar Term Loan bears interest on the outstanding principal amount"},{"label":"Maturity","value":"January 4, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"c1dbe4733b439593a8da2e4033c71f9817f0ea63","claim":"Sabra Health Care REIT, Inc. amended term loan of $430.0 million U.S. dollar term loan with Bank of America, N.A. at The ratings-based applicable interest margin for borrowings will vary based on t maturing January 4, 2028.","evidence_excerpt":"have the meanings set forth for such terms in the Credit Agreement. The Credit Agreement includes a $1.0 billion revolving credit facility (the “Revolving Credit Facility”), a $430.0 million U.S. dollar term loan and a CAD $150.0 million Canadian dollar term loan (collectively, the “Term Loans”). The Prior Credit Agreement included a $1.0 billion revolving credit","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1492298/000119312523002031/0001193125-23-002031-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$430.0 million U.S. dollar term loan"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"The ratings-based applicable interest margin for borrowings will vary based on t"},{"label":"Maturity","value":"January 4, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"c76eb6bf5754550031f36ee4a91438eef765fe10","claim":"Sabra Health Care REIT, Inc. amended revolving credit of $1.0 billion revolving credit facility with Bank of America, N.A. at Borrowings under the Revolving Credit Facility bear interest on the outstanding maturing January 4, 2027.","evidence_excerpt":"September 9, 2019. Capitalized terms used but not defined in this Item 1.01 have the meanings set forth for such terms in the Credit Agreement. The Credit Agreement includes a $1.0 billion revolving credit facility (the “Revolving Credit Facility”), a $430.0 million U.S. dollar term loan and a CAD $150.0 million Canadian dollar term loan (collectively, the “Term","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1492298/000119312523002031/0001193125-23-002031-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.0 billion revolving credit facility"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"Borrowings under the Revolving Credit Facility bear interest on the outstanding"},{"label":"Maturity","value":"January 4, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"0e770f88c2caf8dc4d58bf1e79a0e1e79ce7e2c2","claim":"Sabra Health Care REIT, Inc. amended Credit Agreement with certain lenders and agents valued at $1.0 billion revolving credit facility, a $430.0 million U.S. dollar term loan and a CAD $150.0 mill (effective 2023-01-04).","evidence_excerpt":"On January 4, 2023, Sabra Health Care Limited Partnership, of which Sabra Health Care REIT, Inc. (“Sabra”) is the sole general partner (the “Operating Partnership”), and Sabra Canadian Holdings, LLC, also a wholly owned subsidiary of Sabra (together, the “Borrowers”), and the other parties thereto entered into a sixth amended and restated unsecured credit agreement (the “Credit Agreement”) with certain lenders as set forth therein; Bank of America, N.A., as Administrative Agent and L/C Issuer; Citizens Bank, National Association, Crédit Agricole Corporate and Investment Bank and Wells Fargo Bank, National Association, as Co-Syndication Agents and L/C Issuers; The Bank of Nova Scotia, Fifth Third Bank, JPMorgan Chase Bank, N.A., Keybank National Association, Mizuho Bank, Ltd., and Truist Bank, as Co-Documentation Agents; BofA Securities, Inc., as Joint Lead Arranger and Sole Bookrunner; and Citizens Bank, National Association, Crédit Agricole Corporate and Investment Bank and Wells Farg","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1492298/000119312523002031/0001193125-23-002031-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"certain lenders and agents"},{"label":"Value","value":"$1.0 billion revolving credit facility, a $430.0 million U.S. dollar term loan and a CAD $150.0 mill"},{"label":"Effective","value":"2023-01-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}