US$1.2 Billion Unsecured Credit Facility

Omega Healthcare Investors

Our attorneys represented Omega Healthcare Investors, Inc. as the borrower in a US$1.2 billion unsecured syndicated credit facility with Bank of America, N.A., as administrative agent, and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint lead arranger and sole bookrunner. The unsecured credit facility is comprised of a US$1 billion unsecured revolving credit facility and a US$200 million unsecured term loan facility and includes an “accordion feature” permitting Omega to expand its borrowing capacity to a total of $1.75 billion.

Omega, a Maryland-based publicly traded REIT that invests in and provides financing to the long-term care industry, currently owns 563 healthcare facilities in 37 states.

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