Sonida Senior Living Amends and Restates Credit Agreement with BMO Bank and Lenders

Reuters01-05
Sonida <a href="https://laohu8.com/S/SNDA">Senior Living</a> Amends and Restates Credit Agreement with BMO Bank and Lenders

Sonida Senior Living Inc. announced that on December 29, 2025, it entered into an amended and restated credit agreement with BMO Bank, N.A. and a group of lenders. This new agreement amends and restates the company’s existing credit agreement from July 24, 2024. The facility, which matures four years from the closing date with an option for a one-year extension, will be used to fund acquisitions, capital expenditures, working capital, and other general business purposes, including the acquisition of CNL Healthcare Properties, Inc. The loan will bear interest at rates tied to the company’s leverage ratio and will be secured by pledges of equity interests in entities that own borrowing base properties. Sonida may prepay the loan at any time without penalty, and the principal is due in full at maturity.

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. Sonida Senior Living Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-001552), on January 05, 2026, and is solely responsible for the information contained therein.

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