LTC Properties ups credit facility commitments to $1.1 billion

LTC Properties, Inc.

LTC Properties, Inc.

LTC

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  • LTC Properties raised commitments under its credit facility to USD 1.1 billion from USD 800 million via an accordion feature.
  • Revolving credit commitment increased to USD 900 million from USD 600 million.
  • Accordion capacity expanded to up to USD 2 billion from up to USD 1.2 billion.
  • Three-year interest rate swaps set to fix rates on USD 150 million at 4.97% per year.
  • Bank group expanded to include Manufacturers and Traders Trust, Hancock Whitney.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LTC Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606301650BIZWIRE_USPR_____20260630_BW224574) on June 30, 2026, and is solely responsible for the information contained therein.

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