National Healthcare Properties Inc. has closed a new $550 million senior unsecured credit facility, consisting of a $400 million revolving credit facility and a $150 million term loan, with a maturity in December 2028. The agreement includes an accordion feature that allows the company to increase total borrowing capacity up to $1 billion, as well as two one-year extension options. The interest rate is set at SOFR plus a margin between 1.55% and 2.10%, depending on leverage. Proceeds have been used to repay an existing $330 million secured term loan, with remaining funds available for acquisitions, working capital, and general corporate purposes. Wells Fargo Securities, LLC and BMO Bank N.A. acted as Joint Bookrunners, with Wells Fargo serving as Administrative Agent and several other banks participating as Documentation Agents.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Healthcare Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9601055-en) on December 11, 2025, and is solely responsible for the information contained therein.
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