Sonida enters $380M senior secured term loan with Ally; $372.5M initial advance

SONIDA SENIOR LIVING, INC.

New $380M term loan with Ally Bank; closing fee 0.75% ($2.85M); initial advance $372.5M on 28 communities.
Includes 19 existing communities plus 9 acquired in March 2026 CHP merger; $7.5M delayed draw subject to debt yield/DSCR tests.
Interest at 1-month SOFR + 1.85% margin; interest-only for 5-year term with two 12-month extension options.
Refinances $122M outstanding under prior Ally loan (maturity Aug 7, 2028); new loan matures Aug 7, 2031.
Proceeds support liquidity and portfolio expansion; no guidance change disclosed.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.