debt
confidence high
sentiment neutral
materiality 0.60
Sabra Health Care REIT to redeem $500M 5.125% Notes due 2026, refinance with term loan
Sabra Health Care REIT, Inc.
- Redemption of all $500M aggregate principal of 5.125% Senior Notes due 2026 on July 31, 2025.
- Redemption price includes make-whole amount plus accrued and unpaid interest to redemption date.
- Funding via a new $500M term loan; subsidiary Sabra Health Care Limited Partnership issuer.
- Interest will cease to accrue on redemption date; holders only entitled to redemption price.
item 8.01