-+ 0.00%
-+ 0.00%
-+ 0.00%

Brookdale Announces Beneficial Financing Transactions; Successfully Refinances 2026 and a Portion of 2027 Mortgage Debt

Barchart·01/08/2026 17:17:00
语音播报

BRENTWOOD, Tenn., Jan. 8, 2026 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or "the Company") announced today that the Company recently completed a series of financing transactions with multiple lenders totaling approximately $600 million. Through these transactions, the Company refinanced all of its approximately $350 million remaining 2026 mortgage debt maturities and approximately $200 million of its 2027 mortgage debt maturities, while further strengthening its balance sheet. The refinancing transactions result in a higher proportion of fixed-rate debt, mitigating future interest rate risk. The blended interest rate of the new loans, inclusive of variable-rate debt, remains comparable to the blended rate of the prior loans. Annual net interest expense is not expected to be significantly impacted from these refinancings transactions.

Read more at prnewswire.com

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.