---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-032210"
form_type: "8-K"
ticker: "CTRE"
cik: "0001590717"
company_name: "CareTrust REIT, Inc."
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:32:54.989289+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CareTrust REIT renews unsecured revolver to $600M, extends maturity to 2027

## Summary
- $600M unsecured revolver and $200M term loan under amended credit agreement.
- Revolver matures February 2027; term loan matures February 2026.
- Pricing grid: revolver SOFR+110-155bps, term loan SOFR+150-220bps.
- Accordion provision allows seeking up to $500M additional capacity.
- Proceeds for working capital, capex, acquisitions, general corporate purposes.

## SEC filing metadata
- accession: 0001628280-22-032210
- form_type: 8-K
- ticker: CTRE
- cik: 0001590717
- company_name: CareTrust REIT, Inc.
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590717/000162828022032210/0001628280-22-032210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590717/000162828022032210/ctre-20221216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-032210
- JSON: https://secwatch.observer/filing/0001628280-22-032210.json
- Plain text: https://secwatch.observer/filing/0001628280-22-032210.txt

## Key facts
- Material Agreements
  CareTrust REIT, Inc. amended Credit Agreement with KeyBank National Association and the lenders party thereto valued at $600.0 million and $200.0 million (effective 2022-12-16).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: KeyBank National Association and the lenders party thereto
  - Value: $600.0 million and $200.0 million
  - Effective: 2022-12-16
  source text: On December 16, 2022, CTR Partnership, L.P. (the “Operating Partnership”), as the borrower, CareTrust REIT, Inc. (the “Company”), as guarantor, CareTrust GP, LLC, and certain of the Operating Partnership’s wholly owned subsidiaries entered into a second amended and restated credit and guaranty agreement with KeyBank National Association, as administrative agent, an issuing bank and swingline lender, and the lenders party thereto (the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590717/000162828022032210/0001628280-22-032210-index.htm

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