Edition:
United Kingdom

Brookdale Completes Financing Transactions Extends Maturities And Lowers Credit Facility Borrowing Costs


Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Brookdale Senior Living Inc ::BROOKDALE COMPLETES FINANCING TRANSACTIONS; EXTENDS MATURITIES AND LOWERS CREDIT FACILITY BORROWING COSTS.BROOKDALE SENIOR LIVING - ON DEC 5, ENTERED INTO AMENDED & RESTATED CREDIT AGREEMENT.BROOKDALE SENIOR LIVING - AMENDED AGREEMENT REPLACED CO'S FORMER CREDIT AGREEMENT & EXTENDED MATURITY DATE FROM JAN 3, 2020 TO JAN 3, 2024.BROOKDALE SENIOR LIVING - AMENDED AGREEMENT PROVIDES COMMITMENTS FOR $250 MILLION REVOLVING CREDIT FACILITY.BROOKDALE SENIOR LIVING - AMENDED AGREEMENT ALSO PROVIDES AN ACCORDION OPTION TO INCREASE REVOLVING CREDIT FACILITY BY ADDITIONAL $100 MILLION. 

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18 Apr 2019