secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sabra Health Care REIT, Inc. (SBRA)
CIK:        0001492298
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001193125-23-045742
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabra Health Care REIT establishes $500M ATM equity offering program with forward sale agreements
--------------------------------------------------------------------------------

- Up to $500M in common stock may be sold through agents or via forward sale agreements.
- Proceeds to be contributed to operating partnership for debt repayment, investments, or general corporate purposes.
- Forward sale agreements allow delayed settlement up to one year; company may cash or net share settle.
- Sales agents include 18 financial institutions such as Barclays, BofA, Citigroup, Morgan Stanley, and Wells Fargo.
- Compensation to agents up to $5M for issuance shares; forward purchasers get up to 1.5% commission.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1492298/000119312523045742/0001193125-23-045742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1492298/000119312523045742/d197342d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-045742

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer