Brief: Sonida Senior Living Says Entered Loan Modification Agreements With Fannie Mae On October 2

Sonida Senior Living

06/10/2023 18:53

Oct 6 (Reuters) - Sonida Senior Living Inc  SNDA.N :
    * SONIDA SENIOR LIVING INC -  ENTERED INTO LOAN MODIFICATION
AGREEMENTS WITH FANNIE MAE ON OCTOBER 2
    * SONIDA SENIOR LIVING: REQUIRED TO MAKE SECOND PRINCIPAL
PAYMENT
OF $5 MILLION DUE ON JUNE 1, 2024, 1 YEAR ANNIVERSARY OF FANNIE
FORBEARANCE EFFECTIVE DATE
    * SONIDA SENIOR LIVING: MATURITIES ON 18 COMMUNITY
MORTGAGES,
RANGING FROM JULY 2024 TO DECEMBER 2026, HAVE BEEN EXTENDED TO
DECEMBER 2026

Further company coverage:  SNDA.N 

 ((Reuters.Briefs@thomsonreuters.com;))