---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-028748"
form_type: "8-K"
ticker: "CTRE"
cik: "0001590717"
company_name: "CareTrust REIT, Inc."
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T02:54:16.551721+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CareTrust REIT adds $500M unsecured term loan facility, extends liquidity

## Summary
- Added $500M unsecured term loan facility maturing May 30, 2030, alongside existing $1.2B revolver.
- Term loan priced at SOFR + 1.10%-1.80% or base rate + 0.10%-0.80%, based on leverage ratio.
- Proceeds expected to pay off ~$475M revolver balance, fund acquisitions, and for general corporate purposes.
- Term loan has no interim amortization; prepayment permitted without premium or penalty.
- Amendment also removed SOFR credit spread adjustment on revolver loans.

## SEC filing metadata
- accession: 0001628280-25-028748
- form_type: 8-K
- ticker: CTRE
- cik: 0001590717
- company_name: CareTrust REIT, Inc.
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590717/000162828025028748/0001628280-25-028748-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590717/000162828025028748/ctre-20250530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-028748
- JSON: https://secwatch.observer/filing/0001628280-25-028748.json
- Plain text: https://secwatch.observer/filing/0001628280-25-028748.txt

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