LTC Properties Inc., a real estate investment trust specializing in seniors housing and health care properties, has amended its existing credit agreement to increase its total lender commitments to $800 million. This enhancement includes the establishment of $200 million in term loans, with maturities ranging from three to seven years and effective interest rates between 4.61% and 5.22%, achieved through interest rate swap agreements. The credit facility amendment, executed through the exercise of an accordion feature, is intended to bolster LTC's capital structure and support its growth initiatives. The company disclosed details of the transaction, including participating banks, in a Form 8-K filed with the SEC on December 15, 2025.
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. LTC Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251215598858) on December 15, 2025, and is solely responsible for the information contained therein.
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