secwatch.observer — SEC 8-K summary
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Issuer:     CareTrust REIT, Inc. (CTRE)
CIK:        0001590717
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0001628280-22-032210
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590717/000162828022032210/0001628280-22-032210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590717/000162828022032210/ctre-20221216.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-032210

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer