secwatch.observer — SEC 8-K summary
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Issuer:     Sabra Health Care REIT, Inc. (SBRA)
CIK:        0001492298
Form:       8-K
Filed at:   2023-01-05T23:59:59+00:00
Accession:  0001193125-23-002031
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabra Health Care REIT renews credit facility with $1.0B revolver and $580M in term loans
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492298/000119312523002031/0001193125-23-002031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492298/000119312523002031/d425254d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-002031

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