---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-347968"
form_type: "8-K"
ticker: "SNDA"
cik: "0001043000"
company_name: "SONIDA SENIOR LIVING, INC."
filed_at: "2026-08-13T12:24:23+00:00"
generated_at: "2026-08-13T12:25:07.330442+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-347968
- form_type: 8-K
- ticker: SNDA
- cik: 0001043000
- company_name: SONIDA SENIOR LIVING, INC.
- filed_at: 2026-08-13T12:24:23+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043000/000119312526347968/0001193125-26-347968-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043000/000119312526347968/d104963d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-347968
- JSON: https://secwatch.observer/filing/0001193125-26-347968.json
- Plain text: https://secwatch.observer/filing/0001193125-26-347968.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.