US$200 Million Unsecured Credit Facility

Omega Healthcare Investors

Our attorneys represented Omega Healthcare Investors, Inc. as the borrower in a US$200 million unsecured credit facility with Bank of America, N.A., as administrative agent, and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as sole lead arranger and sole book manager. The unsecured credit facility is comprised of a US$200 million unsecured term loan facility and includes an “accordion feature” permitting Omega to expand its borrowing capacity to a total of US$400 million.

Omega, a Maryland-based publicly traded REIT that invests in and provides financing to the long-term care industry, currently owns 477 healthcare facilities in 33 states.

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