Brief: Sabra Provides Update On Disposition Activity And North American Transition

Ensign group

02/02/2023 14:50

Feb 2 (Reuters) - Sabra Health Care REIT Inc  SBRA.O :
    * SABRA PROVIDES UPDATE ON PREVIOUSLY DISCLOSED DISPOSITION
ACTIVITY AND NORTH AMERICAN TRANSITION
    * SABRA HEALTH CARE REIT - SINCE SEP 30, 2022, CO HAS
RECEIVED
ROUGHLY $185 MILLION OF GROSS PROCEEDS RELATED TO PREVIOUSLY
DISCLOSED DISPOSITION ACTIVITY
    * SABRA HEALTH CARE REIT INC -  24 PROPERTIES FORMERLY
LEASED TO
NORTH AMERICAN HAVE BEEN SUCCESSFULLY TRANSITIONED TO ENSIGN AND
AVAMERE FAMILY OF COS
    * SABRA HEALTH CARE REIT INC - NET PROCEEDS FROM DISPOSITION
ACTIVITY WERE USED TO REPAY BORROWINGS UNDER COMPANY'S REVOLVING
CREDIT FACILITY

Source text for Eikon:  ID:nBw1WbhSfa 
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