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Brookdale Announces Beneficial Refinancing Transaction to Address a Significant Portion of 2027 Debt Maturities at a Favorable Rate
BKDBrookdale Senior Living(BKD) Prnewswire·2024-12-23 21:15

NASHVILLE, Tenn., Dec. 23, 2024 /PRNewswire/ -- Brookdale Senior Living Inc. (NYSE: BKD) ("Brookdale" or the "Company") announced today that the Company has recently completed a successful advance refinancing of more than $300 million of the Company's 2027 debt maturities while further increasing its liquidity.On December 20, 2024, Brookdale obtained a $344.2 million loan under its Master Credit Facility Agreement, dated as of August 31, 2017. The financing with JLL Real Estate Capital, LLC ("JLL") was obta ...