National Health Investors enters amended $700M credit agreement and amends $200M term loan

NATIONAL HEALTH INVESTORS INC

Entered $700M revolving credit facility maturing Oct 2028, with options to extend by 6 or 12 months upon fee payment.
Outstanding borrowings under revolver were $307.4M and term loan outstanding $200M as of Oct 24, 2024.
Credit agreement includes option to increase commitments or add term loans up to $1.0B with lender consent.
Covenants include max total leverage 0.60x and minimum tangible net worth $1.475B; term loan covenants aligned.
Amendment No. 1 aligns existing $200M term loan (due June 2025) with new credit agreement representations and covenants.

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