Sonida Senior Living enters $137M amended term loan with Ally Bank at SOFR+2.65%

SONIDA SENIOR LIVING, INC.

Initial advance $122M on 19 communities, including Alpharetta acquired June 2025.
Two additional draws of $7.5M each available upon meeting debt yield/DSC thresholds.
Variable rate: 1-month SOFR plus 2.65% margin, with stepdown to 2.45% and 2.25% based on performance.
Maturity extended to 36 months from Aug 2025; existing $112.9M outstanding under prior loan maturing March 2026.
Borrowers may request up to $40M increase for additional properties, subject to lender review.

item 1.01item 2.03item 9.01

Source: SEC EDGAR

accession 0001193125-25-179495

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