National HealthCare enters $525 million credit agreement led by Bank of America

Bank of America Corp
National HealthCare Corporation

Bank of America Corp

BAC

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National HealthCare Corporation

NHC

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  • National HealthCare entered a new credit agreement on May 26, 2026 with Bank of America as administrative agent.
  • Facilities total USD 525 million: a USD 475 million senior unsecured term loan, a USD 50 million senior unsecured revolver.
  • Funding is tied to NHC’s planned asset and real estate acquisition from National Health Investors, targeted around July 1, 2026.
  • All USD 475 million term loan is expected to be drawn at funding to help finance the deal; revolver may also be used.
  • Commitments terminate if the deal is terminated, closes without borrowing, or funding has not occurred by Aug. 31, 2026.


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