Healthpeak Properties Extends Its $3 Billion Revolving Credit Facility
09 Dezembro 2024 - 6:15PM
Business Wire
Healthpeak Properties, Inc. (NYSE: DOC), a leading owner,
operator, and developer of real estate for healthcare discovery and
delivery, announced today that its operating partnership has
amended and extended its $3 billion revolving credit facility
(“Credit Facility”), as well as made conforming amendments to its
outstanding term loans in connection with the Credit Facility.
“We appreciate the strong support of our lender group who
offered to provide over $5 billion of total commitments for this
transaction. This successful transaction is a testament to the
strength of our balance sheet, and more importantly, supports
Healthpeak’s growth initiatives and ongoing commitment to create
long-term value for our shareholders,” said Peter Scott, Chief
Financial Officer.
The Credit Facility will initially mature in January 2029 and
can be extended pursuant to two six-month extension options,
subject to certain conditions. Based on Healthpeak’s current credit
ratings, the Credit Facility bears interest at a rate per annum
equal to SOFR plus 77.5 basis points, and carries a facility fee on
the entire revolving commitment of 15 basis points per annum.
The Credit Facility was arranged by BofA Securities, Inc.,
JPMorgan Chase Bank, N.A., and Wells Fargo Securities, LLC. Bank of
America, N.A. is serving as the Administrative Agent, and JPMorgan
Chase Bank, N.A. and Wells Fargo Bank, National Association acted
as Co-Syndication Agents for the Credit Facility. Bank of America,
N.A. and Credit Agricole Corporate and Investment Bank are serving
as Structuring Sustainability Agents.
ABOUT HEALTHPEAK PROPERTIES
Healthpeak Properties, Inc. is a fully integrated real estate
investment trust (REIT) and S&P 500 company. Healthpeak owns,
operates and develops high-quality real estate focused on
healthcare discovery and delivery. For more information regarding
Healthpeak, visit www.healthpeak.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241209997989/en/
Andrew Johns, CFA Senior Vice President – Investor Relations
720-428-5400
Healthpeak Properties (NYSE:DOC)
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