Omega Healthcare Investors Closes New, Amends Existing Credits

Omega Healthcare Investors, a real estate investment trust, said Tuesday that it has entered into a new $1.8 billion senior unsecured revolving and term loan credit facility, and an amended and restated $250 million senior unsecured term loan credit facility. The facility consists of a $1.25 billion senior unsecured multi-currency revolving credit facility, a $425 million senior unsecured term loan facility, and a GBP100 million($128.6 million) senior unsecured term loan facility.

Additionally, the company said its subsidiary OHI Healthcare Properties Limited Partnership has entered into a new $100 million senior unsecured term loan credit facility, replacing its previous facility of $100 million. The company also closed the acquisition and lease of 18 facilities in the U.K. from Gold Care Homes for approximately $113 million. Omega meanwhile corrected a media report relating to one of its operators, Signature Holdings II, which reported that the company had engaged a financial adviser in relation to matters involving Signature Holdings-operated facilities.

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